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Browse: Home / 2013 / August / 07 / DOJ, SEC Accuse Bank of America of Lying to Investors — The National Law Journal

DOJ, SEC Accuse Bank of America of Lying to Investors — The National Law Journal

By Securities Docket on August 7, 2013, 8:35 am

The U.S. Department of Justice on Tuesday filed suit against Bank of America Corp. and its affiliates, accusing them of lying to investors about the riskiness of residential mortgage-backed securities. In a parallel civil action, the U.S. Securities and Exchange Commission filed a lawsuit lodging similar allegations.

via DOJ, SEC Accuse Bank of America of Lying to Investors — The National Law Journal

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Posted in Industry, SEC, Top | Tagged Mortgage-Backed Securities

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