Bank of America Corp. fired back at New York Attorney General Andrew Cuomo on Tuesday with a letter labeling his office's allegations of wrongdoing "spurious" and asserting that it is not hiding behind its lawyers by refusing to provide testimony on privileged discussions about the purchase of Merrill Lynch.

The letter, from Bank of America's outside attorney, Lewis Liman, responds to a letter from David Markowitz, chief of Cuomo's investor protection bureau, that accused the bank of "indiscriminate invocation of the attorney-client privilege" and "hindering" efforts to determine which company officers potentially should be charged with securities violations.

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