Bank of America ( NYSE: BAC ) has been hit hard by an accounting error which saw its regulatory capital decrease, followed by the Federal Reserve suspend immediate cash outflows to investors. Another factor denting the bank's prospects was a huge $6 billion charge in Q1 FY 2014 pushing the bottom-line into the red zone. Investors fear that legal suits will continue to bleed the earnings in the quarters to come. However, it may be that the worst is over for the bank and one could benefit from this dip in price as a chance to invest in it. Stock Price Bank of America fell victim to some serious negative developments in April 2014. These developments have changed investor sentiment and caused the stock price to fall below $15 from a high of $17.92 in March 2014. The chart below shows the share has dipped by about 15% from $17.92 in less than two months. Source: Google Finance How Much of the Negative Sentiment is Warranted? The recent stock price fall was driven by two factors.