BofA settles class-action legal suit

... that it would pay US$500 million to settle the lawsuit brought by the Maine State Retirement System and other pension funds which said Countrywide had misled them about the quality of the mortgages they bundled together and sold to investors before ...

http://www.shanghaidaily.com/nsp/Business/2013/04/18/BofA%2Bsettles%2Bclassaction%2Blegal%2Bsuit/