at Nasdaq.com (Mon, 12:28PM)
Legal settlements often ease investors’ minds, but the size of BofA's (BAC -1.5%) $2.34B tab for settling claims it misled investors about Merrill Lynch’s financial health before its purchase was an unwelcome surprise. Some analysts worry BofA’s legal exposure doesn’t seem to be tapering off; it's the bank's 11th settlement totaling $29B since the start of the financial crisis.
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