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BofA to face debt sales lawsuit

Bank of America

A U.S. appeals court on Monday revived a lawsuit accusing Bank of America of defrauding Tutor Perini by selling the construction company millions of dollars of auction-rate securities it knew were on the brink of collapse.

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Bank of America

BofA to face debt sales lawsuit

A U.S. appeals court on Monday revived a lawsuit accusing Bank of America of defrauding Tutor Perini by selling the construction company millions of dollars of auction-rate securities it knew were on the brink of collapse.