Reuters) - A day after New York's attorney general called Bank of America Corp's (BAC.N) $8.5 billion mortgage-backed securities settlement "unfair" and "inadequate", another state attorney general hinted he may also oppose the deal.
Delaware Attorney General Beau Biden plans on filing a motion to intervene next week, said an attorney from his office on Friday.
The attorney, Ian McConnel, said after a court hearing in the BofA case that, like the New York attorney general, his office had a duty to protect the marketplace. He also said that Delaware pension funds may be holding notes that are subject to the deal.
"We're also very interested in understanding our own exposure to the notes," said McConnel.
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