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Securities and Exchange Commission v. Bank of America

Date: 03-13-2004

Case Number: Unknown

Judge: Unknown

Court: United States District Court for the Souther District of New York

Plaintiff's Attorney: Unknown

Defendant's Attorney: Unknown

Description:

The Securities and Exchange Commission alleged that Bank of America violated securities laws on record keeping and access requirements. The SEC also alleged that BOA repeatedly failed to promptly furnish documents requested by the SEC staff, provided misinformation concerning the availability and production status of documents, and engaged in dilatory tactics that delayed an SEC investigation. The SEC further alleged that BOA failed to produce promptly an e-mail exchange relating to issues that its employees knew were under investigation. BOA also failed to produce other records concerning personal trading activities of a former senior employee.

Outcome:
Settled for $10 million with an admitting or denying the allegations made by the SEC.
Plaintiff's Experts:
Unknown
Defendant's Experts:
Unknown
Comments:
None

About This Case

What was the outcome of Securities and Exchange Commission v. Bank of America?

The outcome was: Settled for $10 million with an admitting or denying the allegations made by the SEC.

Which court heard Securities and Exchange Commission v. Bank of America?

This case was heard in United States District Court for the Souther District of New York, NY. The presiding judge was Unknown.

Who were the attorneys in Securities and Exchange Commission v. Bank of America?

Plaintiff's attorney: Unknown. Defendant's attorney: Unknown.

When was Securities and Exchange Commission v. Bank of America decided?

This case was decided on March 13, 2004.