Bingham Helped Merrill Lynch Rig Trial: $1.2B Suit

Law360, New York (November 28, 2011, 8:02 PM EST) -- A broker-dealer arm of Merrill Lynch & Co. Inc. deliberately withheld evidence and gave false testimony in a 2001 securities fraud suit involving a financial planning firm, with help from Bingham McCutchen LLP, according to a $1.2 billion suit removed to Connecticut federal court Monday.

The suit, originally lodged by the Boston Property Exchange Transfer Co. Inc. in Connecticut court Oct. 28, claims that Merrill Lynch's actions resulted in a $20 million judgment against BPETCO in Massachusetts court.

Bingham McCutchen and partner John Snyder, who represented...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.