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Bank of America, Two Former Execs Sued by New York Attorney General over Bank’s Acquisition of Merrill Lynch

February 8, 2010 in Securities Regulation & Law Report · Leave a Comment 

New York Attorney General Andrew M. Cuomo (D) Feb. 4 announced securities law violation charges against Bank of America Corp. (BAC) and two former BofA senior executives based on the bank’s representations to shareholders and the Treasury Department regarding its controversial acquisition of Merrill Lynch & Co. Inc. (New York v. Bank of America Corp., N.Y. Sup. Ct., No. __, 2/4/10). Separately, the bank and the Securities and Exchange Commission reached a…

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