Bank Of America Says Has Not Found Anything To Support Reported Allegations That It Shared Non Public Information With Some Investors
Portfolio Pulse from Benzinga Newsdesk
Bank of America has stated that it has not found any evidence to support allegations that it shared non-public information with certain investors.
September 05, 2024 | 6:32 pm
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NEUTRAL IMPACT
Bank of America has denied allegations of sharing non-public information with investors, stating that no evidence has been found to support these claims.
The denial of allegations by Bank of America suggests that there may not be any immediate legal or regulatory repercussions. However, the importance is moderate as such allegations can affect investor sentiment and trust, even if unfounded.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100