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Bank of America faces fraud lawsuit

February 8, 2010

The New York attorney general yesterday accused Bank of America Corp. and its former chief executive, Kenneth Lewis, of deceiving shareholders and manipulating US officials during the company’s $50 billion purchase of Merrill Lynch.

 

Lewis’s successor, Brian Moynihan of Wellesley, who was involved in negotiations as the bank’s general counsel, was not charged.

 

Read Article:  Boston.Com

 

Posted By:  Phoenix DUI Attorney

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