New York v. Bank of America, Kenneth D. Lewis and Jospeph L. Price

Fraud Charges Against Ken Lewis and Joseph Price

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New York Attorney General Andrew Cuomo filed securities fraud charges against former Bank of America CEO Kenneth Lewis and former Chief Financial Officer Joseph Price. The Attorney General claims that the two decided not to disclose the enormous losses at Merrill Lynch & Co. before getting shareholder approval to acquire the Wall Street firm.

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Published In: Securities Updates

Reference Info:Pleadings | State, 2nd Circuit, New York | United States