Bank of America Corporation (BAC)

Investigation 

Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Bank of America Corporation ("Bank of America" or "the Company") (NYSE: BAC). The investigation concerns whether Bank of America and certain of its officers and/or directors have violated federal securities laws.

 

On September 20, 2020, Buzzfeed announced an international banking investigation, alleging that several financial institutions, including Bank of America, had direct knowledge of serious failures in policies and controls to prevent money laundering. Buzzfeed continued to allege that Bank of America enabled the movement of criminal funds even after raising suspicions. Following this news Bank of America stock dropped over 4% during intraday trading on September 21, 2020.

 

If you are aware of any facts relating to this investigation, or purchased Bank of America shares,  you can assist this investigation by contacting the firm. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484. 

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.  Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.  In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

© 2020 Bronstein, Gewirtz & Grossman, LLC

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BG&G is not affiliated to any of these companies. All respective trademarks are owned by the respective companies.