After BofA independent director R. David Yost, the former CEO of AmerisourceBergen, sued his son-in-law, Morgan Carroll, demanding he repay $8 million in loans, Carroll fired back with a countersuit that touched on mortgage concerns.
Carroll claimed that his wife, Anne, who is Yost’s daughter, hadn’t disclosed promissory notes for the family loans as liabilities in mortgage applications with Morgan Stanley’s private bank and JPMorgan Chase.