Ex-BofA Executive Omeed Malik Seeks $100 Million in Defamation Claim
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Former Bank of America Corp. prime brokerage executive Omeed Malik is seeking more than $100 million in a defamation claim against the firm and plans to sue it for discrimination as well, according to his lawyer.
Malik, who left Bank of America in January, filed an arbitration claim this week against the company with the Financial Industry Regulatory Authority, attorney John Singer at Singer Deutsch LLP said Friday in a telephone interview. The executive, who is of Middle Eastern descent, also plans to bring a discrimination lawsuit in state court, the lawyer said.