securities News

Bank of America and two former executives lost a bid on Friday to dismiss securities fraud claims alleging they misled investors about the bank’s 2008 acquisition of Merrill Lynch & Co. U.S. District Court Judge P. Kevin Castel ruled that …

Securities suit filings are on track to set a new record in 2011, according to Advisen Ltd’s most recent quarterly report and sponsored by ACE. Following on the heels of the credit crisis, which sparked record-setting litigation in 2008 and …