Bank of America and WorldCom Class Action Litigation.

PR Newswire UK Disclose, March, 2005

            Bank of America Reaches Agreement to Settle WorldCom Class Action Litigation 
 
CHARLOTTE, N.C., March 3 / -- Bank of America announced today  that it has reached an 
agreement to settle class action litigation entitled In re WorldCom, Inc. Securities Litigation 
brought on behalf of purchasers of WorldCom securities that is pending in the United States 
District Court for the Southern District of New York. (Master File No.02 CIV 3288). 
    Under the terms of the settlement agreement, which is subject to court approval, subsidiaries 
of Bank of America Corporation that are named as defendants in the litigation will make a 
payment of $460.5 million to the settlement class. Plaintiff's attorney's fees will be paid out of the 
settlement. 
    Bank of America believes...

            
        
    
    	    
                
                
	

		

					 
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