Auction-Rate Securities Lawsuit Against Bank of America is Revived

波士顿第一巡回上诉法院已恢复了导师佩里尼公司（TPC）对美国银行（BAC）的证券欺诈诉讼。bob200体育巡回法官Ojetta Rogeriee Thompson说，地方法院法官在扔马萨诸塞州和联邦证券索赔时犯了一个错误，指责该银行向建筑公司出售数百万美元的拍卖业绩证券，而其所知，这将失败。bob200体育

导师佩里尼（Perini）估计超过5000万美元加上损失的利息，声称美国银行在2007年底和2008年开始，在金融危机之前说服了它在金融危机之前购买拍卖利率证券（ARS）bob200体育知道这些证券正变得不流动。bob200体育正是在2008年2月，经销商停止支持$ 330B的ARS市场，使投资者的债务流动不畅-Debt，他们一次又一次地放心，像现金一样是流动性的。相反，投资者无法获得资金。

In 2015, the district court judge dismissed Tutor Perini’s ARS fraud case, noting that Bank of America did not have the “duty” to reveal every fact about the risks involved to the construction company and that the bank had, in fact, already made a number of disclosures. Judge Thompson, however, said that because the auction-rate securities market was failing, this might have meant that Bank of America now had the duty to warn about the new risks, including those involving its earlier recommendations. Thompson noted that a jury could very well find that as the bank had sought to protect itself from the ARS market, it pushed the construction company toward greater exposure.

Bank of America is one of a number of firms that agreed to buy back over $61B in ARS to resolve auction-rate securities fraud claims brought by former NY Attorney General Andrew Cuomo. However, because Tutor Perini is a corporate investor, it was not eligible to recover from that settlement.

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美国银行必须面对导师佩里尼在债务销售方面面临欺诈诉讼，路透社，2016年11月21日

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