AIG Permitted To Pursue Fraud Claim Worth $7B Against Bank of America
Bank of America Corp (NYSE:BAC), intent on shaking off the string of lawsuits that have been hounding it since the financial crisis, appears to be entrapped in a new legal battle with American International Group Inc (NYSE:AIG). Mariana R. Pfaelzer, a federal judge in California, ruled in favor of AIG saying that the insurer has the right to pursue its fraud claim against BAC, NY Times reports.
exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email support@valuewalk.com and we will get back to you as quick as humanly possible
