
SAN FRANCISCO (AP) -- After months of resistance, Bank of America Corp. is handing over documents related to its purchase of Merrill Lynch & Co. to the office of New York Attorney General Andrew Cuomo.
A person familiar with the investigation, who requested anonymity because the investigation is ongoing, says BofA's board decided on Friday that it would waive its attorney-client privilege and hand over the papers.
The documents detail the legal advice the Charlotte, N.C.-based bank received on the deal.
Cuomo's office seeks to determine whether BofA misled shareholders about bonuses paid to Merrill employees and the investment bank's losses, as well as whether BofA wavered in its commitment to the deal before it closed on Jan. 1.
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Created: 10/13/2009 6:41:24 AM 


