David Grais and other lawyers representing mortgage-backed securities investor groups say new details about how the gigantic settlement was negotiated "raise more questions than they answer."

In case you were worried that the judge who won't sign off on the bank's proposed $33 million settlement with the SEC is allergic to all BofA deals, here's proof he isn't. This week Rakoff gave the green light to the $150 million securities class action settlement of a case BofA inherited when it acquired Merrill Lynch.

U.S. DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK Plaintiffs Co-Lead Counsel Lynn Lincoln Sarko, E Keller Rohrback LLP Joseph Meltzer, E

The day after he got nearly $30 million slashed from a plaintiffs fee request in a Citigroup shareholder settlement, Ted Frank and his Center for Class Action Fairness won another victory in a markedly different type of case.

On Wednesday the federal home loan banks--which bought their mortgage-backed certificates for $8.8 billion--filed what looks to be the biggest challenge yet to Bank of America's proposed $8.5 billion settlement with the trustee for holders of Countrywide residential mortgage-backed securities.

U.S. District Court Southern District of New York Judge Cote Plaintiffs petition for court approval of a partial settlement and bar order, as well as an award of attor