
Bank of America agreed to pay $67 million to resolve multistate litigation concerning bid rigging, price fixing, and other anti-competitive municipal bond practices that defrauded state agencies, local governments and non-profit groups. This was part of a larger $137.3 million settlement that also involved the federal government; For more info visit https://www.oag.ca.gov/news/press-releases/brown-announces-67-million-settlement-bank-america-over-investments-municipal