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Merrill wins dismissal of CDO lawsuit by South Korea’s Woori

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NEW YORK (Reuters) – A U.S. judge threw out a lawsuit from South Korea’s Woori Bank accusing Bank of America Corp’s Merrill Lynch unit of misleading investors about the riskiness of collateralized debt obligations, saying the suit had missed a deadline under South Korean law.

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Post Published: 07 February 2013
Found in section: Finance