Ambac Pursuing $2.5 Billion Claim Against Bank of America Corp – ValueWalk Premium
Ambac

Ambac Pursuing $2.5 Billion Claim Against Bank of America Corp

Bank of America Corp (NYSE:BAC) noting Ambac Financial Group, Inc. (NASDAQ:AMBC)’s damages claim in excess of $2.5 billion in a recent filing could be a positive for Ambac, notes BTIG Research.


Ambac’s emergence from bankruptcy
As reported earlier, Ambac Financial Group, Inc. (NASDAQ:AMBC) emerged from bankruptcy with court permission in March 2012 and is seeking to . . .

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