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Bank of America's Merrill Lynch to pay $15.2 mln to overcharged mutual fund customers

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Bank of America's Merrill Lynch to pay $15.2 mln to overcharged mutual fund customers

Bank of America Corp's Merrill Lynch unit will pay more than $15.2 million to thousands of customers who it steered automatically into buying costlier mutual fund shares than they were eligible for, a U.S. regulator said on Thursday.

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Bank of America's Merrill Lynch to pay $15.2 mln to overcharged mutual fund customers

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Bank of America's Merrill Lynch to pay $15.2 mln to overcharged mutual fund customers

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