Bank of America , along with others accused of violating the London Interbank mortgage Rate in multi - district litigation in the US , would not be able to have all of the claims made against them settled . The judge dismissed class actions from student loans , but said that he would allow claims made by student borrowers and other investors to settle .
Bank of America, along with others accused of manipulating the London Interbank Offered Rate in multi-district litigation in the US, will not be able to have all of the claims made against them dismissed. The judge dismissed class actions from student borrowers, but said that he will allow claims made by mortgage borrowers and other investors to process.