Charlotte Observer: CMS settles Leardini case for $680,000

Ann Doss Helms/The Charlotte Observer — Mon, 08 Oct 2012 20:24:55 +0000

Charlotte-Mecklenburg Schools has agreed to pay former teacher Jeffrey Leardini $680,000 to settle a lawsuit that brought him a jury award of $1.1 million. Leardini, a former sixth-grade teacher at Community House Middle School, contended he was improperly forced to resign in 2006, after five students accused him of improperly touching them.

BofA Pays $2.4 Billion To Settle Lawsuit Over Merrill Lynch Deal

Michael Tomsic — Fri, 28 Sep 2012 20:44:32 +0000

Bank of America is paying $2.4 billion to settle a lawsuit over its acquisition of Merrill Lynch. Shareholders accused the Charlotte-based bank of lying about the shape both companies were in at the time of the deal.

The bank’s then-CEO Ken Lewis raved about buying Merrill Lynch in 2008.

“Acquiring one of the premier wealth management, capital markets and advisory companies is a great opportunity for our shareholders,” Lewis said at the time.