State AGs Win Bid to Intervene in BofA Mortgage-Bond Deal
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New York and Delaware won their bids to intervene in litigation over Bank of America Corp.’s proposed $8.5 billion settlement with mortgage-bond investors.
New York State Supreme Court Justice Barbara Kapnick in Manhattan granted motions by the attorneys general of the states to intervene in the case over the objections of an investor group, according to a decision today.