Banking Misconduct Blog


Supreme Court Revives Lender Liability Suit against Bank of America

Nevada state law recommends that bank account owners check their monthly statements regularly for unauthorized or suspicious transactions and promptly report any findings.  The statute of repose protects the bank from liability for unauthorized transactions that are not reported by the...


A Stonewalling Session with Brian Moynihan, CEO, Bank of America

Brian Moynihan, Bank of America’s chief executive officer, just filed his deposition with the court in late November. I’ve read eerily similar transcripts in mobster cases. Is there a Guinness World Record for the most stonewalling? Moynihan has to be right up there with the...