Published May 8, 2026, 5:50 AM ET · Updated 6 months ago · 1 source

BofA Didn’t Have Block Trade Mandate at Time of Segantii Calls

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Original Report
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BofA Didn’t Have Block Trade Mandate at Time of Segantii Calls

Bank of America Corp. didn’t have a mandate to work on a block trade in Esprit Holdings Ltd. when it had phone calls with Segantii Capital Management to discuss the deal, a prosecution witness said during the hedge fund’s trial for insider trading.