Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Bank of America allegedly shared non-public information with investors in India: WSJ Report
Update / Judgement Date
08 Sept 2024
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
According to a Wall Street Journal report, Bank of America is alleged to have shared non-public information with select investors in India, raising concerns about market integrity and regulatory compliance. The report suggests that certain privileged information might have been disclosed to a few investors, potentially influencing their investment decisions and giving them an unfair advantage. This situation has sparked scrutiny from regulatory bodies and might lead to investigations to ensure that such practices are addressed and that market transparency is upheld.