November 18, 2005
News Coverage, Answers, Appeals, Complaints, Motions, Orders, Trial Notes
A class of black financial advisers suing Merrill Lynch & Co. Inc. for racial discrimination urged an Illinois federal court Tuesday to order Merrill to produce documents allegedly relevant to their allegations, accusing Merrill of asserting a baseless claim of “ombudsman privilege.”
An Illinois federal judge ruled Wednesday that former employees should be included in a proposed class of black Merrill Lynch & Co. Inc. financial advisers suing the Bank of America Corp. unit for discrimination, shooting down the defendant's attempt to limit the class to current employees only.
Attorneys for a proposed class of black Merrill Lynch & Co. Inc. financial advisers on Monday blasted the bank's bid to limit their discrimination case to only current employees and policies, describing the Bank of America Corp. subsidiary's tactic as an end run around a clear directive from the Seventh Circuit.
Merrill Lynch & Co. Inc. on Friday told an Illinois federal judge hearing a discrimination suit brought against the company by black financial advisers that a proposed class should be limited to current employees, since former brokers lack standing to pursue an injunction.
An Illinois federal judge on Monday denied class certification for a second time to brokers accusing Merrill Lynch & Co. Inc. of racial discrimination, saying the plaintiffs could not establish sufficient facts common to the class.
Brokers accusing Merrill Lynch & Co. Inc. of racial discrimination sought class certification in Illinois on Monday, arguing that the U.S. Supreme Court's ruling in Wal-Mart v. Dukes supported their bid for certification based on a uniform employment policy.
Merrill Lynch & Co. Inc. asked an Illinois federal court Wednesday to lift a stay on absent class members' claims in a race bias suit, citing a recent U.S. Supreme Court ruling that district courts don't have jurisdiction over members of putative classes when certification has been denied.