{"id":11229,"date":"2009-08-11T00:00:00","date_gmt":"2009-08-11T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"lewis-faces-more-merrill-queries-as-33-million-accord-delayed","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2009\/lewis-faces-more-merrill-queries-as-33-million-accord-delayed.html","title":{"rendered":"Lewis Faces More Merrill Queries as $33 Million Accord Delayed"},"content":{"rendered":"<p>Bloomberg &#8211; Bank of America Corp. Chief Executive Officer Kenneth Lewis faces more queries about his purchase of Merrill Lynch &amp; Co. after a federal judge refused to approve a $33 million settlement of a lawsuit over bonuses.             <\/p>\n<p>The bank agreed on Aug. 3 to settle U.S. claims the bank misled investors while buying Merrill. Yesterday, U.S. District Judge Jed Rakoff in New York said the amount isn&rsquo;t appropriate if the bank lied about billions of dollars in payments. Rakoff asked for more filings by Aug. 24 and said he won&rsquo;t rule on the accord before Sept. 9.     <\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601103&#038;sid=arVBDTaH6_jU\" target=\"_blank\" title=\"Read Complete Article\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Bank of America Corp. Chief Executive Officer Kenneth Lewis faces more queries about his purchase of Merrill Lynch &amp; Co. after a federal judge refused to approve a $33 million settlement of a lawsuit over bonuses. The bank [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[2410,5818,5816,4807,5390,4815,6199,4504,13976,11329,418,15152,14118],"class_list":["post-11229","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-amp","tag-bank-of-america","tag-bank-of-america-corp","tag-billions-of-dollars","tag-chief-executive-officer","tag-district-judge","tag-federal-judge","tag-investors","tag-jed","tag-kenneth-lewis","tag-merrill-lynch","tag-queries","tag-rakoff"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11229","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=11229"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11229\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=11229"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=11229"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=11229"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}