The Newswire for Business Lawyers

SEC Tweaks Suit Against BofA Over Merrill Bonuses

Law360, New York (October 23, 2009) -- Securities regulators have filed an amended complaint in their closely watched lawsuit against Bank of America NA, accusing the bank of omitting information about billions of dollars in bonuses paid to Merrill Lynch & Co. Inc. executives in a proxy statement filed prior to the financial giants' fall 2008 shotgun merger.

The U.S. Securities and Exchange Commission's amended lawsuit, filed Oct. 19 in the U.S. District Court for the Southern District of New York, adds a new claim — that the...

Login

E-mail
Password
 
  I forgot my login details.

For the whole story, take a 7-day free trial.

Submit your request to try Law360 for free for seven days:

*
*
*
*
*
*
*
*

*Required

Select at least one interest area:*
You will receive Law360's free daily newsletter for the interest area(s) selected..

Appellate
Bankruptcy
Competition
Contract
Corporate Finance
Employment
Energy
Environmental
Financial Services
Health
Insurance
Intellectual Property
International Trade
Product Liability
Securities
Technology
Top News (General Interest)

The only daily news service covering every major practice area of the law.
  • Breaking news available nowhere else
  • More than 66% of articles published before or simultaneously with any other source
  • 44% of articles have critical legal documents attached
  • More than 1,000 columns by leading practitioners published per year
  • More than 20,000 exclusive articles published per year
  • Detailed coverage of 16 major practice areas