Bank of America’s (BAC) $8.5 billion mortgage-backed securities settlement case is on hold once again. The hearing was officially delayed until Nov. 14. Per Seeking Alpa:
Attorneys for AIG and the other "objectors" have one more witness for the stand, and the settlement supporters may, or may not call rebuttal witnesses.
The "objectors" also have made a motion for additional discovery based on new evidence coming to light during the trial, but the judge hasn't yet ruled on this.
