Apparent fake filing says artist bought $88 billion of Bank of America stock


  • World
  • Thursday, 20 Oct 2016

A Bank of America sign is displayed outside a branch in Tucson, Arizona January 21, 2011. REUTERS/Joshua Lott/File Photo

(Reuters) - In the latest apparent spoof on a U.S. securities regulator's online filing system, a Chicago-area artist with a fondness for inspirational quotes claimed to have acquired about $88 billion worth of Bank of America Corp shares on Wednesday.

The filing did not appear to influence the stock price of the second-largest U.S. bank, which joins companies including Avon Products Inc, Integrated Device Technology Inc and Berkshire Hathaway Inc to have had fake filings attached to their ticker symbols on the U.S. Securities and Exchange Commission's Edgar system.

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