Delaware Attorney General Beau Biden has announced his opposition to the proposed $ 8.5 million Bank of America settlement. He sent a petition to the New York Supreme Court expressing his disapproval and requesting permission to intervene in the court’s review of the settlement. “I am intervening to enforce our laws and to protect Delaware investors who may have been harmed by these toxic securities,” Biden said. “Intervening in this settlement puts us in position to ensure that the banks are playing by the rules.”
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