Law360, New York (October 08, 2009) -- Mergers and acquisitions attorneys could find themselves in an increasingly uncomfortable position when dealing with the sensitive issue of public disclosures, thanks to comments from a judge overseeing the U.S. Securities and Exchange Commission’s suit against Bank of America Corp. over alleged misrepresentations regarding Merrill Lynch & Co Inc. bonuses, legal experts say.
In denying the SEC’s bid to settle fraud allegations against the company for $33 million, New York federal district Judge Jed S. Rakoff criticized the agency for not targeting individuals...
