BofA settles shareholder lawsuit, to pay US$2.43b NEW YORK, Sept 28 — Bank of America Corp agreed today to pay US$2.43 billion (RM7.29 billion) to settle a shareholder lawsuit over its 2008 buyout of Merrill Lynch in one of the largest-ever settlements of a securities fraud class action. The bank said it expects to incur total litigation expenses of about US$1.6 billion in the third quarter ... [News Source]