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03/01/2013 12:29:18 PM EST

BofA's $8.5B MBS Settlement Flawed, AIG Expert Says

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Law360: Securities

An $8.5 billion Bank of America Corp. settlement over claims related to Countrywide Financial Corp. mortgage-backed securities was flawed, and the deal must be given a thorough examination before approval, two American International Group Inc. expert witnesses told a New York judge on Thursday. Read More...