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Categories Economy
BofA accused by whistleblower of sharing nonpublic information with some investors, WSJ reports
September 5, 2024
(Reuters) – A whistleblower complaint has alleged that Bank of America shared nonpublic information with some investors before it sold stock in India, the Wall Street Journal reported on Thursday.
A Bank of America spokesperson told Reuters that the bank had found no evidence to support these claims.
“We take complaints seriously and thoroughly investigate them,” the spokesperson said. “In instances where we conclude there has been inappropriate behavior, we take disciplinary action.”
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