Commerce Bancorp Appoints Alexander Bono as General Counsel.CHERRY HILL, N. J. -- Commerce Bancorp, Inc. (NYSE NYSE See: New York Stock Exchange Symbol:CBH CBH cutaneous basophil hypersensitivity. ) announced today that Alexander (Lex See yacc. 1. (tool) Lex - A lexical analyser generator for Unix and its input language. There is a GNU version called flex and a version written in, and outputting, SML/NJ called ML-lex. ) Bono has joined Commerce as the company's General Counsel. Bono has more than 25 years of experience in complex business litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. , dispute resolution and legal counseling. Prior to joining Commerce, Bono was a partner and practice group chair at Blank Rome LLP LLP - Lower Layer Protocol , in Philadelphia, Pa., where he represented a wide range of financial institutions such as commercial banks, investment banks, and broker / dealers. He advised corporations, their officers and directors, and audit committees on internal investigations and a wide range of Securities and Exchange Commission (SEC) related matters. In addition, Bono has written numerous articles and lectured frequently on securities, class action and audit committee issues. He also has chaired American Bar Association American Bar Association (ABA), voluntary organization of lawyers admitted to the bar of any state. Founded (1878) largely through the efforts of the Connecticut Bar Association, it is devoted to improving the administration of justice, seeking uniformity of law (ABA) committees involving securities and accounting issues and was the primary author and editor of the ABA's "Model Jury Instructions for Securities Litigation." "Lex Bono's comprehensive knowledge of the extensive and ever-changing legal issues that impact the financial services field is an important asset for Commerce Bank," said Commerce Chairman and President Vernon W. Hill. "As we continue to grow, Lex will provide us with broad-based legal expertise that will positively impact every aspect of our company, including risk management." About Commerce Bank Commerce Bank, "America's Most Convenient Bank(R)," is a leading retailer of financial services with more than 300 convenient stores in New Jersey, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Pennsylvania and Delaware. In 2004, the bank plans to open 50 new locations and create 1,800 new career opportunities throughout its markets. Commerce Bancorp (NYSE:CBH) has $28 billion in assets and, in third quarter 2004, achieved a deposit increase of 34% and earnings per share growth of 25%. For more information about Commerce, please visit the company's interactive financial resource center at commerceonline.com. |
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