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Merrill Lynch Can't Force Arbitration Of Wage Class Action

By Dan Prochilo (September 11, 2013, 6:02 PM EDT) -- Merrill Lynch & Co. Inc. failed to convince a New York federal judge to force financial advisers who filed a proposed wage-and-hour class action against the company to arbitrate their dispute, after the judge found the Financial Industry Regulatory Authority rules that governed the agreement between the parties forbade arbitration....

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