BANK OF AMERICA: Judge set to rule in week on Merrill bonus case
A New York state judge said Friday he will decide within a week whether Bank of America Corp. has to turn over a list of performance bonuses given to the 200 highest-paid employees of Merrill Lynch & Co.
State Supreme Court Justice Bernard Fried didn’t indicate how he would rule, but during the court hearing, he questioned Bank of America’s claim that salary information was a trade secret and suggested he was unlikely to order confidentiality merely to save Merrill Lynch workers from a public shaming payday loans for bad credit.