BANK OF AMERICA DEFEATS LAWSUIT OVER AUCTION-RATE SECURITIES Tutor Perini Corp. v. Banc of Am. Sec. | Secondary Sources | Westlaw

BANK OF AMERICA DEFEATS LAWSUIT OVER AUCTION-RATE SECURITIES Tutor Perini Corp. v. Banc of Am. Sec. | Secondary Sources | Westlaw

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21 No. 20 Westlaw Journal Derivatives 7
Westlaw Journal Derivatives
*1 August 27, 2015
Auction-Rate Securities
Copyright © 2015 Thomson Reuters .

BANK OF AMERICA DEFEATS LAWSUIT OVER AUCTION-RATE SECURITIES

Tutor Perini Corp. v. Banc of Am. Sec.

(Reuters) - Bank of America does not have to face claims that it violated securities laws by misleading a California company that lost nearly $100 million on illiquid securities that collapsed in value during the credit crisis, a federal judge ruled....
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