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29 Sep 2009, 1:00 am
According to a news report in the Inland Valley Daily Bulletin, the motorcycle accident occurred the afternoon of September 28, 2009 at the intersection of Riverside Avenue and Merrill Street in Rialto, California. [read post]
28 Sep 2009, 3:44 pm
Ohio's attorney general, Richard Cordray, said Monday that investors in his class-action lawsuit against Bank of America were trying to collect billions of dollars in damages resulting from the Merrill Lynch takeover. [read post]
25 Sep 2009, 2:03 pm
Michael Orey over at BusinessWeek wrote a commentary about a problem with shareholder class action suits against their corporation, particularly concerning a case against Bank of America alleging failure to disclose bonuses set to be paid to Merrill Lynch employees. [read post]
25 Sep 2009, 7:54 am
Defendants include, but are not limited to, Merrill Lynch & Co., Inc., Morgan Stanley, JP Morgan Chase & Co., Bear Stearns & Co., Inc., AIG Financial Products Corp., UBS AG, and Piper Jaffray & Co. [read post]
24 Sep 2009, 8:37 am
In a statement, the Bank said, "Bank of America believes the facts demonstrate that proper disclosure was made to shareholders about the Merrill bonuses. [read post]
23 Sep 2009, 7:24 am
Less than a week later, Perlmutter was on the phone with former Marvel executive Jeff Kaplan, who heads up global M&A for BofA/Merrill. [read post]
23 Sep 2009, 5:39 am
Merrill-Dow Pharmaceuticals may have sent the legal system down a false path. [read post]
22 Sep 2009, 7:28 am by Vanessa Vidal, Esq.
Everyone wants to know what happened in the BofA and Merrill Lynch merger, no one more than Congress, even if that means lifting the veil of privilege. [read post]
22 Sep 2009, 6:23 am
(Editor's Note: This post is based on a Gibson, Dunn & Crutcher LLP client memorandum by Michael Bopp and Aditi Prabhu.) [read post]
22 Sep 2009, 6:08 am
Over the past few months, the SEC and Merrill made for quite the pen pals. [read post]
22 Sep 2009, 4:00 am
  The SEC plans to litigate the case against Bank of America in connection with the non-disclosure of the bonuses paid by Merrill Lynch. [read post]
22 Sep 2009, 4:00 am
Yesterday, the SEC filed a case management plan in Rakoff's court and issued a statement that it would proceed "vigorously" to pursue its case against Bank of America, including: "As we alleged in our complaint last month, Bank of America did not provide investors with complete and accurate information about the bonuses to be paid by Merrill Lynch to employees. [read post]
22 Sep 2009, 2:39 am
If the article you are searching does not appear go to the top of the screen and click on Law.Com Newswire and scroll down to the appropriate article: BofA Misses Congressional Deadline for Merrill Merger Documents Judge Takes to Task Big Law Firms, Financial Giants in ABFS Case With 9th Circuit Set to Hear Firearms Case En Banc, Calif. [read post]
21 Sep 2009, 5:27 pm
Rosenbaum of Reed Smith on the firm's blog, Legal Bytes Hungry for Change: ABA Journal on Food Safety Reform and Its History - Seattle attorney Ken Odza of Stoel Rives in the firm's Food Liability Law Blog Latest New York Appeals Court to Evaluate Ankle Fracture Pain and Suffering Case: $550,000; Most Range Between $300,000 and $600,000 - New York lawyer John Hochfelder on his New York Injury Cases Blog Bank of America / Merrill Lynch Saga Continues: Can… [read post]
21 Sep 2009, 2:00 pm
The SEC alleged earlier this year that BofA had "materially lied" in shareholder communications prior to its takeover of Merrill Lynch, by failing to disclose bonuses owed to Merrill employees. [read post]
21 Sep 2009, 10:50 am
Merrill (Yale) has posted Accession and Original Ownership on SSRN. [read post]
21 Sep 2009, 10:36 am
" • Last month, Judge Rakoff refused to approve $33 million settlement (that the SEC recommended) between Bank of America and the SEC to resolve findings that Bank of America failed to disclose that it had agreed to $3.6 billion in bonuses and incentives for Merrill Lynch employees in connection with that business combination, rejecting the explanation that executives had relied on attorney's advice in not disclosing this information… [read post]
21 Sep 2009, 7:33 am
According to the SEC, that would be the lawyers who wrote the agreement--Wachtell, Lipton, Rosen & Katz for BofA and Shearman & Sterling for Merrill. [read post]