Merrill Lynch agrees to settle race bias suit for $160M
Merrill Lynch will pay $160 million to 1,200 black brokers who have worked for the Wall Street giant since 2001. The plaintiffs’ attorneys alleged that Merrill Lynch (now owned by Bank of America) engaged in “systemic” discrimination.
To continue reading this page, become an
HR Specialist Premium Plus member today!
HR Specialist Premium Plus member today!
Your subscription includes:
Ask the Attorney: Answers to your HR legal questions- Compliance Guidance: Access to 7,000 HR news articles, updated daily, sorted by state
- State-by-State: Summaries of HR laws in all 50 states
- Manager's Training Library: a treasure trove of printable training guides
- Memos to Managers for simple staff training
- The Hiring Toolkit: Job descriptions, interview questions & exemption tests for 200+ positions
- Webinar of the Week: Train instantly with recent recordings
- Sample Policies, Weekly Podcasts, Q&As and much, much more ...
