BofA, Merrill Must Explain Missing $7.5B Transfer, Suit Says

An Atlanta investment company has filed a lawsuit asking a Georgia federal court to compel Bank of America and Merrill Lynch to explain the whereabouts of a missing $7.5 billion wire transfer. The company claims the funds have not been credited to its account and is seeking details about the transfer. The article highlights the ongoing legal issue and notes that further details are available to Law360 subscribers.