Los Angeles city attorney News

The Los Angeles city attorney is suing Bank of America for mortgage discrimination it claims led to a wave of foreclosures that cost the city a fortune in extra expenses and lost taxes. The suit, filed Friday in federal court, …

The Los Angeles city attorney has sued a major financial institution, alleging its investment practices cost the city’s pension fund $95 million. The lawsuit filed Wednesday alleges that Northern Trust Corporation participated in unlawful business practices and violated the False …