A New York state appeals court on Tuesday cleared the way for bond insurer MBIA Inc to pursue a fraud lawsuit against Bank of America Corp over toxic mortgage securities.
New York's attorney general should not be allowed to derail a long-delayed $115 million settlement between American International Group Inc shareholders and the insurer's former chief executive, lawyers for the shareholders argued.
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"author": {
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"articles": [
{
"uri": "/2013/04/03/mbia-cleared-to-pursue-fraud-case-against-bofas-co/",
"title": "MBIA Cleared to Pursue Fraud Case Against BofA's Countrywide",
"byline": " Karen Freifeld, Reuters, Jonathan Stempel, Reuters ",
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"prettyDate": "April 03, 2013",
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"summary": "A New York state appeals court on Tuesday cleared the way for bond insurer MBIA Inc to pursue a fraud lawsuit against Bank of America Corp over toxic mortgage securities.",
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{
"uri": "/2012/09/19/aig-shareholders-n-y-attorney-general-should-not-derail-115m-settlement/",
"title": "AIG Shareholders: N.Y. Attorney General Should Not Derail $115M Settlement",
"byline": "Karen Freifeld, Reuters, Jonathan Stempel, Reuters",
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"prettyDate": "September 19, 2012",
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"summary": "New York's attorney general should not be allowed to derail a long-delayed $115 million settlement between American International Group Inc shareholders and the insurer's former chief executive, lawyers for the shareholders argued.",
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