BofA Bares Teeth Over Parmalat Witness Deposition

Law360, New York (June 8, 2007, 12:00 AM EDT) -- Bank of America Corp. on Thursday swiped back in defense of its bid to depose two witnesses in the Parmalat securities litigation, arguing that requests by the lead plaintiffs and Parmalat Capital Finance Ltd. to bar the bank from moving forward with the depositions are “untenable given the facts.”

Attorneys for BofA said in court documents filed June 7 that the motions filed by the lead plaintiffs and PCF, a Caymans Island-based subsidiary of Parmalat, “must be seen for what they are—changes in position, inconsistent with...
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