BofA Shareholders Get Green Light To Query Firms

Law360, New York (November 6, 2009, 3:41 PM EST) -- Plaintiffs’ counsel in shareholder derivative litigation over alleged misrepresentations associated with Bank of America Corp.’s purchase of Merrill Lynch & Co. Inc. have won permission to subpoena deal adviser Wachtell Lipton Rosen & Katz, the bank’s defense counsel Cleary Gottlieb Steen & Hamilton LLP and former Merrill CEO John A. Thain.

Justice Sherry Klein Heitler issued an ex-parte order Monday in the Supreme Court of the State of New York, New York County, directing Thain and representatives from the firms to appear for depositions at the...
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