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Home / Law / Judge dismisses auction-rate lawsuit against Merrill Lynch

Judge dismisses auction-rate lawsuit against Merrill Lynch

Merrill Lynch, now a unit of Bank of America Corp., won dismissal of investors' class action over auction-rate securities, at least the seventh such victory since the market collapsed in February 2008. Kansas City-based Stueve Siegel Hanson was representing investors in the lawsuit. U.S. District Judge Loretta A. Preska in New York found Wednesday that Merrill Lynch ...

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