Attorney who sued Bank of America says Sink had nothing to do with securities fines
Wednesday, October 6th, 2010 by Jeff OstrowskiTampa attorney Jonathan Alpert takes full credit for turning the feds onto a NationsBank securities fraud in the 1990s, a case that led to a class action settlement and a $6.75 million fine for the bank.
But Alpert says Democratic gubernatorial candidate Alex Sink had no role in the scheme, which led investors to believe they were buying no-risk savings accounts rather than mutual funds and stocks that could and did lose value. In a phone interview this afternoon, Alpert blasted Republican gubernatorial candidate Rick Scott for campaign ads blaming Sink for the fines.
“Those orders came down from (NationsBank’s headquarters in) Charlotte, not from her,” Alpert said. “It’s not a legitimate issue, because she didn’t have anything to do with it.”





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