BlackBerry, already reeling from tumbling stock prices and struggling to regain its once commanding position in Parajumpers Jacka Billigt the smartphone world, faces another challenge in the form of a newly-filed securities class action lawsuit. The suit, filed in Manhattan on October 4, accuses BlackBerry of painting an overly rosy assessment of the company’s future, …
Bank of America settles Merrill Lynch acquisition suit
Largest class-action settlement from financial crash Bank of America has settled a long-simmering lawsuit focusing on its 2008 acquisition of Merrill Lynch, closing another chapter in the infamous financial collapse that rocked the nation that year. According to the suit, when Bank of America announced on September 14, 2008 that it planned to buy Merrill …
Bank of America settles Merrill Lynch acquisition suitRead More