By  on July 25, 2019

Jewelry maker Alex and Ani accused Bank of America of “greed and sexism,” claiming in a lawsuit Thursday that the bank wrongly declared it in default of a $50 million credit facility agreement.

The result has been costly, the company claims: It’s led it to incur over $1.1 billion “in direct expenses, lost revenues and diminished market value,” according to the suit filed in New York federal court. The suit seeks some $1.1 billion in damages. 

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