Bank of America Corp. (BAC.N) has formally denied allegations that U.S. Securities and Exchange Commission accused of misleading shareholders about the bonuses that Merrill Lynch & Co. paid employees of the Company before January 1merger and said that it a decision that the complaint for the search controller. The response from the bank, was expected in a filing Friday, and was dismissed 11 days after dollar U.S. District Judge Jed Rakoff of 33 million compared to the SEC about 3.6 billion dollars bonus rewards. Rakoff, who is managing the event was angry that the agreement does not require disclosure of the names of managers and lawyers who have premia and the decision not to disclose screening, and yet the shareholders left hook d ‘a penalty. He called the agreement an “invention” cons “the fundamental conceptions of justice and morality.”

In its response to the SEC complaint, Bank of America suggested that the proxy statement for the merger in May contain false or misleading, or leave important facts. He also said he was not negligent in preparing the proxy statement. SEC spokesman John Heine said: “As we alleged in our complaint, Bank of America, not investors, complete and accurate information on premiums, employees of Merrill Lynch to pay.” We want to prove in court that the spread does not violate federal laws on securities, “said Heine. Rakoff earlier this week with a schedule for the case to court in March 1st, 2010 Agreed, months later he wanted. He called the 1. date of March “and firmly established.” Bank of America, headquartered in Charlotte, North Carolina, is facing numerous lawsuits and investigations by regulators and legislators to the merger of Merrill making it the largest U.S. bank.

New York Attorney General Andrew Cuomo has threatened to sue the bank officials, possibly including CEO Kenneth Lewis. Ohio Attorney General Richard Cordray plans Monday, the status of a class of shareholders of the bank. Bank of America fell from 38 cents to $ 16.60 on the NYSE on Friday. They traded at $ 33.74 for the purchase of Merrill announced on September 15, 2008. SEC case against the Bank of America Corp., U.S. District Court, Southern District of New York (Manhattan), No. 09-6829.