Bank of America (BAC) Increases Settlement Offer, Gets Slapped with $1.27B Fine

Shares of Bank of America Corporation (BAC) were down -0.27 or -1.77 to $15.31 in regular trading on Thursday, after news yesterday that the bank was raising their offer to settle with the Justice Department for $1 billion more than it had previously proposed. Also, a federal judge imposed a $1.27 billion civil penalty for the Read the full article... Read the rest of Bank of America (BAC) Increases Settlement Offer, Gets Slapped with $1.27B Fine at InvestorGuide.com .