Trial Lawyers with another useless Case

What a useless case. How will shareholders benefit from this. It's just
going to line the pockets of the lawyers.

From DS news:

> BofA's Shareholders Sue Over Foreclosure
Processing Errors

The Securities and Exchange Commission (SEC) said last week that Bank of
America must entertain shareholders' request to open up its foreclosure
practices for an independent audit. The SEC ruled that BofA must include the
option on the ballot at its annual stockholder meeting this spring. But the
company's shareholders aren't waiting for a formal investigation. They filed
a lawsuit this week with the New York State Supreme Court claiming they were
damaged by the bank's intent to hide defects in the paperwork used to
process foreclosures.
> > Read More



Sunil Sethi / Broker, President, REALTOR, MBA, CPA (inactive)
38750 Paseo Padre Pkwy Suite B3 / Fremont, CA 94536

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