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NEW YORK — Merrill Lynch & Co. employees who received $3.6 billion in bonuses in December may be publicly identified as part of New York Attorney General Andrew Cuomo’s probe of the company, a New York judge ruled.
New York Attorney State Supreme Court Justice Bernard Fried in Manhattan on Wednesday rejected an argument by Charlotte, N.C.-based Bank of America Corp. that compensation information was a trade secret. He also said employees can have no reasonable expectation of privacy in the information when they are free to share it.
