We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

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.