Bank of America Corporation and the Internal Revenue Service, in May 2008, entered into a closing agreement resolving all matters relating to an audit by the IRS of the 1998 and 1999 tax returns of The Bank of America Pension…
Bank of America Corporation says that, on May 23, 2008, the court entered Stipulations and Orders of Dismissal in In re Public Offering Fee Antitrust Litigation and in In re Plaintiff Initial Public Offering Fee Antitrust Litigation.
These cases are concluded.
Headquartered…
Certain state and local government officials’ lawsuits on violations of state consumer protection laws are ongoing against Countrywide Financial Corporation and various of its wholly owned subsidiaries.
CFC is a Bank of America Corporation subsidiary.
These actions include lawsuits brought by the…
Bank of America Corporation says that, on June 17, 2008, the U.S. District Court for the Southern District of New York dismissed 25 claims from a lawsuit filed by Adelphia Communications Corporation.
These claims include the majority of the fraudulent transfer…
Bank of America Corporation’s subsidiary, Countrywide Financial Corporation, is cooperating with inquiries initiated by the Securities and Exchange Commission.
Beginning in March 2008, certain news media reported that numerous industry participants, including CFC, were subject to an investigation by the Federal…
Bank of America Corporation and Bank of America, N.A. are cooperating with probes of several state attorneys general on municipal derivatives.
Beginning in April 2008, the Company and Bank of America, N.A. received subpoenas, interrogatories and civil investigative demands from the…