WORLD Law Direct Forums
Home > WORLD Law Direct Forums > ATTORNEYS, COURTS, LITIGATION > Civil Litigation > New York attorney general's office has subpoenaed Bank of America

New York attorney general's office has subpoenaed Bank of America

This is a discussion on New York attorney general's office has subpoenaed Bank of America within the Civil Litigation forum, part of the ATTORNEYS, COURTS, LITIGATION category; The New York attorney general's office has subpoenaed Bank of America Corp. seeking the names of Merrill Lynch executives who ...

Consult Your Own Personal Lawyer Now!
Reply

 

Thread Tools Search this Thread Rate Thread Display Modes
Old Feb 27th, 2009, 12:48 AM   #1
Unregistered
Guest
 

Unregistered's Avatar
 
Posts: n/a

Default New York attorney general's office has subpoenaed Bank of America

The New York attorney general's office has subpoenaed Bank of America Corp. seeking the names of Merrill Lynch executives who received $3.6 billion in year-end bonuses, after Chief Executive Ken Lewis failed to provide those details during a lengthy deposition Thursday evening.

Lewis, who traveled to New York on the company's corporate jet, said that he "answered the questions that were asked to the best of my knowledge."

Lewis' deposition was part of an ongoing investigation by New York Attorney General Andrew Cuomo into the timing of Merrill Lynch's bonuses and whether proper disclosure was made to shareholders about the size of the bonuses. They were granted just before Bank of America's acquisition of Merrill closed, and as that bank was seeking additional government aid on top of $25 billion it had already received.

Lewis' use of the company aircraft seemed surprising since it comes at a time when bailed-out banks have faced heavy scrutiny over executives' use of such perks.
  Reply With Quote
Old Apr 6th, 2009, 02:13 AM   #2
Junior Member
 

mineeds01's Avatar
 
Join Date: Mar 2009
Posts: 3

Default Re: New York attorney general's office has subpoenaed Bank of America

This the hot news in NY and many people got some problems over the law services. So people who are looking for the best attorney services can post their request
mineeds01 is offline   Reply With Quote
Reply

Bookmark & Share

Tags
None

This thread has 1 reply and has been viewed 372 times

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes Rate This Thread
Rate This Thread:

| More

Posting Rules
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Format Your Messages
Add Forum to Google Toolbar
Forum Jump

Similar Threads

Thread Thread Starter Forum Replies Last Post
Attorney Finds MyFax Suits his Virtual Law Office forum_admin Attorneys & Legal Ethics 0 Sep 15th, 2009 11:52 AM
Bank of America Loses Thain, Gains a Shareholder Suit WSJ_law_blog Class Actions & Defective Products 5 Jan 22nd, 2009 03:40 PM
When will Bank of America start to modify loans Unregistered Other Real Estate Law Matters 2 Oct 13th, 2008 04:58 PM
Subpoenaed In Iraq Unregistered Job Discrimination & Harassment 0 Apr 3rd, 2008 02:31 PM
bank of america online banking Unregistered Class Actions & Defective Products 1 Dec 29th, 2006 09:34 PM


Powered by U.S. Legal Forms


All times are GMT -5. The time now is 11:43 AM.