7th Circ. Won't Revisit Class Cert. In Merrill Bias Suit

Law360, New York (March 27, 2012, 2:03 PM EDT) -- The Seventh Circuit on Tuesday refused Merrill Lynch & Co. Inc.'s bid for a rehearing of its ruling that class certification is warranted for a group of black employees who say the Bank of America Corp. acquiree maintained discriminatory compensation policies.

The appeals court denied Merrill's petition for an en banc rehearing of its ruling that though the plaintiffs group consists of more than 700 current and former broker employees who the bank claimed lacked the commonality needed to proceed as a class, the centralized dispute...
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