(Bloomberg) -- Bank of America Chief Financial Officer Joe L. Price agreed to pay $7.5 million to settle the New York attorney general’s lawsuit over alleged misrepresentations to investors about the bank’s 2009 purchase of Merrill Lynch.

The accord follows agreements last month by the state’s attorney general, Eric Schneiderman, with the Charlotte, North Carolina-based  bank and its former chairman, Kenneth Lewis, in which they agreed to pay a combined $25 million.

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