The bank announced Wednesday that it would pay $500 million to settle a class-action lawsuit led by pension funds and other investors who say they were misled about mortgage-backed investments they bought from Countrywide, a mortgage lender Bank of America bought in 2008.
http://www.adn.com/2013/04/17/2867980/bank-of-americas-profit-soars.html
http://www.adn.com/2013/04/17/2867980/bank-of-americas-profit-soars.html
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