BofA investor lawsuit wins class-action status
(Reuters) - Investors suing Bank of America Corp won class-action status for their lawsuit accusing the bank of fraudulently misleading them about the 2008 takeover of Merrill Lynch & Co and the size of Merrill's losses and bonus payouts. U.S. District Judge P. Kevin Castel in Manhattan on Monday rejected the second-largest U.S. bank's argument that the investors could not prove they suffered ...
Action Report: Unrepaired water leak adds to woman's pain
Bill Capo / Action Reporter NEW ORLEANS -- When she found the Sewerage & Water Board repair crew setting up outside her door, it was the news Marion Ringo had waited months for. "Oh ecstatic," she said. "I just was ecstatic to see them here again. It's been a long time." This is why she emailed the Action Line, because the Sewerage & Water Board tore up her reserved parking spot and three others ...