New York Life Insurance Co., TIAA-CREF, the French bank Dexia and other institutional investors joined the list of bondholders seeking compensation from Bank of America Corp. over losses on Countrywide's MBS.

Countrywide, which BofA bought in 2008, "recklessly" misled the investors in marketing the securities, according to a strongly worded suit filed in New York State Supreme Court on Monday.

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