Bank of America escapes 'hustle' lawsuit
A New York federal judge has dismissed a shareholder derivative suit against Bank of America over its subsidiary, Countrywide Financial's, high-speed mortgage approval process, known as 'Hustle', saying that the plaintiff failed to show that the bank’s board breached its duty when the suit was filed before it responded to her demand.

By Carmen Germaine (September 30, 2015, 6:20 PM EDT) -- A New York federal judge on Tuesday dismissed a shareholder derivative suit against Bank of America Corp. over Countrywide Financial's "hustle" high-speed mortgage approval process, saying the plaintiff couldn't show the bank's board breached its duty when she filed the suit before it responded to her demand....

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