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About the $2.43 Billion BofA/ Merrill Lynch Merger Securities Suit Settlement

In what is by far the largest settlement of a credit crisis-related securities class action lawsuit, Bank of America has agreed to pay $2.43 billion to settle the suit filed against the company and certain of its directors and officers in connection with the bank's financial crisis-driven acquisition...

Say on Pay “No” Votes Correlate with Securities Class Actions

by Agnes Grunfeld, CFA, Managing Director Since 2011, all US public companies have been required to submit their compensation plans to a periodic advisory vote by shareholders, which is commonly referred to as "Say on Pay." A number of our clients have asked us whether "no"...