Both sides are pointing fingers. Williams claim Rufus didn't want to pay the TA. Harris claims Williams should pay the TA. Harris was the one to issue the dividend.
There is no excuse for anyone at BBAN...ego trumped common sense. I'm not going to blame harris for the dilution (it was the original team that diluted even more to pay them 60 million shares). BUT, i do know most of that 60 million shares were sold while they were pumping up a storm and cranking out PRs...