Merrill Lynch, BofA Hit With OT Claims By Ex-Trainees

By Michael Lipkin (March 6, 2015, 4:26 PM EST) -- Two former Merrill Lynch & Co. Inc. financial adviser trainees launched a proposed class action in New York federal court Thursday against the brokerage and its parent Bank of America Corp., alleging it failed to pay them for the up to 30 hours of overtime they worked each week. ...

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