描述
Bank of America agreed to pay $50 million to a group of states to resolve litigation alleging it failed to properly inform investors about the risks of auction-rate securities. The settlement was also announced by the New York Attorney General; For more info visit https://www.nasaa.org/2182/state-securities-regulators-announce-settlement-with-bank-of-america-and-rbc-capital-markets-corp-in-auction-rate-securities-investigations/?qoid=ars
