{"id":27243,"date":"2012-02-09T04:00:06","date_gmt":"2012-02-09T09:00:06","guid":{"rendered":"http:\/\/countingpips.com\/fx\/2012\/02\/09\/judge-says-bank-of-america-investors-can-proceed-with-class-action-suit\/"},"modified":"2012-02-09T04:00:06","modified_gmt":"2012-02-09T09:00:06","slug":"judge-says-bank-of-america-investors-can-proceed-with-class-action-suit","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2012\/02\/09\/judge-says-bank-of-america-investors-can-proceed-with-class-action-suit\/","title":{"rendered":"Judge Says Bank of America Investors Can Proceed With Class Action Suit"},"content":{"rendered":"<p><div id=\"grabDiv1767162\"><object id=\"GrabPlayer1767162\" width=\"540\" height=\"300\" type=\"application\/x-shockwave-flash\" align=\"middle\" data=\"http:\/\/player.grabnetworks.com\/swf\/GrabOSMFPlayer.swf?id=1767162&#038;content=v821f6deb966a5896220836e9beb7968eb8aa7e62&#038;tgt=grabnetworks\"><param name=\"quality\" value=\"high\"\/><param name=\"allowScriptAccess\" value=\"always\"\/><param name=\"allowFullScreen\" value=\"true\"\/><param name=\"menu\" value=\"false\"\/><param name=\"movie\" value=\"http:\/\/player.grabnetworks.com\/swf\/GrabOSMFPlayer.swf?id=1767162&#038;content=v821f6deb966a5896220836e9beb7968eb8aa7e62&#038;tgt=grabnetworks\"\/><\/object><\/div>\n<\/p>\n<p>Bloomberg reported that in Manhattan, U.S. District Judge Kevin Castel ruled that Bank of America Corp. (NYSE:BAC) investors can proceed as a class action in their lawsuit claiming the company misled shareholders about the acquisition of Merrill Lynch &#038; Co.Bank of America (NYSE:BAC) has potential upside of 10.7% based on a current price of $7.97 and an average consensus analyst price target of $8.83.<\/p>\n<p><img src='http:\/\/cache.thenewsroom.com\/financial_news_network\/2012\/02\/09\/0_9xlalcj3_thumb.jpg' \/><\/p>\n<p><!--post_img[http:\/\/cache.thenewsroom.com\/financial_news_network\/2012\/02\/09\/0_9xlalcj3_preview.jpg]--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg reported that in Manhattan, U.S. District Judge Kevin Castel ruled that Bank of America Corp. (NYSE:BAC) investors can proceed as a class action in their lawsuit claiming the company misled shareholders about the acquisition of Merrill Lynch &#038; Co.Bank of America (NYSE:BAC) has potential upside of 10.7% based on a current price of $7.97 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2012\/02\/09\/judge-says-bank-of-america-investors-can-proceed-with-class-action-suit\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Judge Says Bank of America Investors Can Proceed With Class Action Suit&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-27243","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/27243","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=27243"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/27243\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=27243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=27243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=27243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}