BofA To Pay $33M To Settle SEC Suit Over Bonuses
By Julie Zeveloff ( August 3, 2009, 2:54 PM EDT) -- Bank of America Corp. has agreed to pay a $33 million penalty to resolve a new set of allegations from the U.S. Securities and Exchange Commission that it misled investors about billions of dollars in bonuses handed out to Merrill Lynch & Co. employees before the banks' merger....
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