Legal Opinion
Gould ex rel. Bank of America v. Moynihan
District Court, S.D. New York
Decided August 15, 2017No. 16-CV-7828 (VEC)PublishedCited by 4 opinions
1Opinion of the Court
MEMORANDUM OPINION & ORDER
VALERIE CAPRONI, United States District Judge:
Plaintiff James R. Gould (“Gould”), a Bank of America Corporation (“BofA” or the “Bank”) shareholder since 1993, has filed this shareholder derivative complaint (“the Complaint”) against BofA’s Board of Directors (the “Board” or “Individual Defendants”)1 on behalf of Nominal Defen*490dant BofA. Gould alleges that the Board violated Section 14(a) of the Securities Exchange Act of 1934, breached, its fiduciary duties, and has been unjustly enriched by a scheme to manipulate the foreign currency exchange (“FX”) market. The Board…
2Cases cited25 opinions
- Ashcroft v. IqbalSupreme Court of the United States · 2009
- Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
- Aronson v. LewisSupreme Court of Delaware · 1984
- Brehm v. EisnerSupreme Court of Delaware · 2000
- Auerbach v. BennettNew York Court of Appeals · 1979
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3Cited by4 opinions
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