Bank of America Criticizes Lehman’s Statement on Archstone

Bank of America Corp. faulted Lehman Brothers Holdings Inc. for telling the press that there were no limits on the amount of damages the defunct firm could seek from the bank and Barclays Plc over a disputed deal involving Archstone.

The bank termed the statement, cited in a published story last week about New York-based Lehman’s fight to control its biggest real estate asset, “incorrect and prejudicial,” in a letter yesterday to a judge that was filed in U.S. Bankruptcy Court in Manhattan.