Updated Friday, August 29, 2014 as of 10:06 AM ET

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BofA Directors’ Merrill Lynch Accord Flawed, Objectors Argue

Jef Feeley

Bank of America Corp. directorsí $20 million settlement of investor lawsuits over the purchase of Merrill Lynch & Co. is inadequate given the billions of dollars of harm the deal caused, objectors to the accord said.

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