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Merrill Lynch Calls Customer Cash Use Suit Opportunistic

By Cara Mannion (May 1, 2017, 1:48 PM EDT) -- Bank of America Corp.'s wealth management unit told a California federal court on Friday to toss a proposed class action alleging that it engaged in complex trades in order to use customer money for its own trading, labeling the suit an opportunistic ploy to capitalize on the company's prior $415 million settlement over the activities....

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