March 03, 2022
A group of investors claiming big banks colluded to rig corporate bond prices will seek to revive their proposed class action, after the New York federal judge who dismissed the case recused himself because his wife owns stock in one of the defendants, Bank of America.
February 25, 2022
A New York federal judge who freed Bank of America and other financial institutions from a consolidated shareholder class action over alleged spoofing in the precious metals futures market should have recused himself from the case because his wife owned Bank of America stock, according to a Friday letter from a court clerk.
July 12, 2019
Morgan Stanley & Co. LLC, Bank of America Corp. and its subsidiary Merrill Lynch Commodities Inc. engaged in spoofing in an effort to manipulate precious metals futures, according to a proposed class action filed Friday in New York federal court.