Posted by & filed under Company Analysis, Financial analysis, Governments & Regulators, Growth & Valuation, Industry Analysis, Management Issues.

Description:  Bank of America announced on Friday that it would pay $2.43 billion to settle a class action lawsuit related to its acquisition of Merrill Lynch, as the legal woes continue for the financial institution.


Date: Sep 28, 2012


Questions for Discussions:

  • What lessons are there to be learned here for investors and managers?
  • Does the settlement suggest the stock is a good buy today?
  • Do you believe management can regain investor confidence after this settlement?

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