BAML settles lawsuit with former co-head of structured credit Messina

By James Harvey

Bank of America Merrill Lynch has settled a lawsuit with its former co-head of structured credit, Megan Messina, according to a document filed on Wednesday

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TAGS: High yield bonds People BAML Leveraged loans

Comment by: Anonymous. Posted 2 years ago [2016-09-26 13:42:31]

I hope the allegations of illegal trading are not "settled." I'd like to know that the SEC is investigating them. If the allegations are without merit, BAML should want the exoneration, I would think. I'm reminded of the reader comment in the earlier story (pasted below). "Wow, it's more of a whistle-blower case in my view. If the allegations have merit, I'm glad Messina is bringing the case."