Former BofA Exec Testifies He Bribed UBS For Rigged Bid

Law360, New York (August 13, 2012, 8:06 PM EDT) -- A former senior Bank of America Corp. official told a New York federal jury Monday that he paid $175,000 in bribes to UBS AG in 2002, after three of the Swiss bank's traders rigged the bidding on a municipal bond contract in his favor.

Douglas Campbell, a former municipal bond marketer at Bank of America, took the witness stand to kick off the third week of trial in the government's case against former UBS employees Gary Heinz, Peter Ghavami and Michael Welty. Campbell has been cooperating...
To view the full article, register now.

Related

Sections

Case Information

Case Title

Magistrate judge case number: 


Case Number

1:10-cr-01217

Court

New York Southern

Nature of Suit

Date Filed

December 9, 2010

Law Firms

Companies

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.