Law360, New York (November 06, 2009) -- Silicone supplier Dow Corning Corp., which is holding $667 million in auction rate securities that it cannot sell, has brought litigation that accuses BB&T Corp. of making false statements about the safety and liquidity of that investment.
In a complaint filed Wednesday with the U.S. District Court for the District of New Jersey, Dow Corning alleged that BB&T — and particularly broker Jeff Boyd, who worked at...
