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Bank of America seeks to dismiss U.S. mortgage bond lawsuits

Friday, 8 Nov 2013 | 3:23 PM ET

WASHINGTON, Nov 8 (Reuters) - Bank of America asked a federal court on Friday to throw out lawsuits from the U.S. government accusing the bank of defrauding investors during the financial crisis.

The Justice Department and the Securities and Exchange Commission had accused the bank in a pair of lawsuits in North Carolina of investor fraud in its sale of $850 million of residential mortgage-backed securities.

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