A Hampton woman is suing Bank of America Corporation, saying one of its contractors wrongly repossessed her home, padlocked the doors, shut off the utilities, damaged the furniture and confiscated a pet parrot, though her mortgage payments were on time. Angela M. Iannelli, 46, suffered severe emotional distress, embarrassment and ridicule as a result of the company's de facto foreclosure process and seizure proceedings. The suit accuses Bank of America and its contractor, Snyder Property Services, of trespass, unfair business practices, defamation, libel and other offenses during the October foreclosure of Ms. Iannelli's home in the 5000 block of Fountainwood Drive. She is seeking an unspecified amount in compensatory and punitive damages. Bank of America instructed Snyder Property Services to 'enter, seize, padlock, 'winterize' and take possession' of Ms. Iannelli's house. She returned home to find her locks had been changed, her furniture and carpets had been damaged, her belongings had been scattered and the bird missing. A notice on her door told her to contact Bank of America, which 'initially falsely denied responsibility or knowledge of the invasion and refused' to help her. About a week later, Bank of America told her it had made a mistake and told her where she could find her parrot, but said she would have to travel to Ebensburg to retrieve it. She eventually drove to Ebensburg to get her parrot back. The suit says the company was knowingly deceptive and lacks a policy to check the validity of its foreclosures or stop wrongful ones from happening.

Bank of America Corporation, Q1 2010 Earnings Call, Apr-16-2010

On February 23, 2010, pursuant to stockholder approval, Bank of America Corporation amended its amended and restated certificate of incorporation to provide for an increase in the number of shares of the corporations common stock authorized for issuance from 10 billion to 11.3 billion. The Amended and Restated Certificate of Incorporation of the corporation is hereby amended by changing the number of shares of stock the corporation is authorized to issue, so that, the first sentence of Article 3 thereof shall read as follows: the number of shares, par value $0.01 per share, the corporation is authorized to issue is 11,400,000,000, divided into 11,300,000,000 common shares and 100,000,000 preferred shares. The foregoing amendment was duly adopted in accordance with the provisions of Section 242 of the General Corporation Law of the State of Delaware.