Litovich v. Bank of America Corporation

  1. October 22, 2024

    BofA, Others Say Bond-Rigging Suit Still Can't Prove Conspiracy

    Bank of America Corp., Wells Fargo & Co., JPMorgan Chase & Co. and others have argued the amended complaint in a recently revived securities suit accusing them of conspiring to rig corporate bonds fails to adequately allege a "farfetched" antitrust conspiracy.

  2. August 08, 2024

    Investors, Banks Pitch Next Steps In Saved Bond-Rigging Suit

    Investors accusing major banks of conspiring to rig corporate bonds have told a New York federal court they want to file a new complaint after the Second Circuit revived the suit last month over a potential conflict with the previous judge, while the defendants say this would take the case "back to square one."

  3. July 02, 2024

    Bond-Rigging Suit Revived Over Judge's Wife's Stock Conflict

    The Second Circuit on Tuesday revived a proposed class action accusing big banks of rigging corporate bonds, ruling that the New York federal judge who previously dismissed the suit should have recused himself due to his wife's ownership of Bank of America stock.

  4. June 08, 2022

    Judge's Stock Conflict Didn't Hurt Investors, Banks Tell Court

    A New York federal judge's failure to recuse himself from a corporate conspiracy case over his wife's Bank of America stocks will be rendered "harmless" in an appellate review, lawyers for BofA and other major banks told the Second Circuit on Wednesday.

  5. March 10, 2022

    2nd Circ. Urged To Revive Suit After Judge's Stock Conflict

    Investors accusing megabanks of conspiring to rig corporate bond prices have asked the Second Circuit to revive their case now that the New York federal judge who dismissed it has revealed that his wife owns stock in one of the defendants.

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