Alex and Ani sues Bank of America for lending discrimination

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ALEX AND ANI HAS demanded $1.1 billion in damages from Bank of America Corp. in a lawsuit alleging lending discrimination. / BLOOMBERG NEWS FILE PHOTO/CINDY ORD/GETTY IMAGES
ALEX AND ANI HAS demanded $1.1 billion in damages from Bank of America Corp. in a lawsuit alleging lending discrimination. / BLOOMBERG NEWS FILE PHOTO/CINDY ORD/GETTY IMAGES
NEW YORK –A few short years ago, jewelry maker Alex and Ani LLC was the public example of a happy Bank of America Corp. customer. Now, it’s suing the lender for more than $1 billion in damages and alleging discrimination. The female-led company says the bank fraudulently declared it in default of a $50 million…

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