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Monday, August 3, 2009

SEC Charges Bank of America BAC Over Merrill Lynch

8/3/09 - The SEC is charging Bank of America Corporation ( BAC ) with making misleading statements stating that they didn't disclose bonuses

- SEC: Bank of America Had Agreed To Pay Up To $5.58B In Bonuses, Contrary To Statements -CNBC

- SEC Charges Vs Bank of America in Merrill Lynch deal - CNBC

Bank of America Corp. (NYSE:BAC) stock went from $15.40 down to $14.80 on this news but is now back over $15.


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