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A Bank of America sign is seen outside a branch in Los Angeles in 2011. A federal judge dismissed Bank of Americaâs lawsuit against Maui County on Monday, paving the way for the county to pursue possible claims against the banking giant. AP file photo
A federal judge on Monday dismissed a Bank of America lawsuit against the County of Maui, paving the way for the county to pursue possible claims against the banking giant over a decades-old $150 million home loan promise to Native Hawaiians and others that allegedly went unmet.
Pointing to the fact that the county hasn’t yet filed a lawsuit, U.S. District Court Judge J. Michael Seabright on Oahu granted the county’s motion to dismiss the Bank of America lawsuit during an online hearing Monday.