Updated Thursday, January 29, 2015 as of 5:23 PM ET

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BofA Directors’ Merrill Lynch Accord Flawed, Objectors Argue

Jef Feeley

Bank of America Corp. directors’ $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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