Based on the NYS State case against Bank of America, the
Merill Lynch and Bank of America.pdf , write the legal issue raising the question for the following:
- Whether Bank of America breached its fiduciary duty to shareholders when
- Whether New York State has personal jurisdiction over Bank of America when
- Whether New York State has standing to bring the suit against Bank of America when
- Whether Bank of America is a foreign corporation in NY when
Then Answer the following questions
How was business ethics violated when Bank of America change its mind about disclosing Merrill Lynch’s losses to shareholders?
What was the total loss of Merrill Lynch?
Was did Bank of America forcing the United Stated government to save the merger with Merrill Lynch unethical and why?
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