BofA Investor Fights To Sack CEO Over Merrill Deal

Law360 (March 24, 2009, 12:00 AM EDT) -- A longtime Bank of America NA shareholder has launched a campaign to topple chairman and CEO Kenneth Lewis from his post, saying the bank's management acted recklessly and in total disregard of stockholders in acquiring troubled Merrill Lynch & Co. Inc.

Investor Jerry Finger — whose firm owns more than 1 million BofA shares — has also called on shareholders to oust directors O. Temple Sloan Jr. and Jackie M. Ward at the bank's annual meeting on April 29, when they are up for re-election. Sloan...
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.