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U.S. Judge Recommends Dismissal Of U.S. Lawsuit Against Bank Of America

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March 27, 2014 AT 12:42 PM
A U.S. magistrate judge recommended dismissal of a lawsuit against Bank of America Corp over $850 million in mortgage debt, according to a court filing. Judge David Cayer in Charlotte, North Carolina, made the recommendation in a civil fraud lawsuit brought last August by the U.S. Justice Department.