Yesterday we updated you on the ongoing case filed by the SEC against Back of America stemming from the merger between Bank of America and Merril Lynch. The case stems from the failure of BofA to notify stockholders of bonuses paid to Merril executives shortly before the merger and the courts rejection of the [...]
Continue reading...Tuesday, January 12, 2010
Good morning everyone! Today is Tuesday, January 12, and here’s a look back at yesterday’s stories. Thomas Russo has been offered the GC job at AIG… A court in New York has rejected the SEC’s attempt to broaden its case against B of A… Another 2100 legal jobs were lost in December, according to the BLS… The Supreme [...]
Continue reading...Monday, April 20, 2009
The merged legal department of Bank of America and Merrill Lynch, with around 700 lawyers, is looking at pending layoffs. The bank’s lawyers are being required to reapply for their own jobs, which is invariably a precursor to cuts. Bank of America, based in Charlotte, North Carolina is the largest financial services company in the world, largest [...]
Continue reading...
Sponsored by |
Tuesday, January 12, 2010
2 Comments