SEC
Whistleblower
Advocates

August 21, 2014

Bank of America Corporation

Financial Fraud

SANCTION AMOUNT: $20,000,000

Defendants: Bank of America Corporation

Respondent failed to disclose known uncertainties regarding potential increased costs related to mortgage loan repurchase claims stemming from more than $2 trillion in residential mortgage sales from 2004 through the first half of 2008 by the bank and certain companies it acquired.

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