Corporate Counsel

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Did BofA's Lawyers Pull a 180? Cuomo Suit Suggests the Bank Changed Course on Merrill

Corporate Counsel

February 8, 2010

New York AG's complaint says the bank's general counsel changed direction on whether to disclose mounting losses at Merrill Lynch before shareholders voted on the merger — and also suggests that the GC was misled by other execs about the size of the losses.

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