Bank of America

January 1, 2013

BLB&G obtains by far the largest recovery in any case related to the subprime mortgage meltdown and subsequent financial crisis – $2.43 billion.  The Bank of America/Merrill Lynch merger lawsuit, which arose from allegations that BoA made misleading statements and omissions concerning its 2009 acquisition of Wall Street giant Merrill is one of the largest securities class action recoveries in history.