Merrill Wants Ex-Brokers Out Of Race Bias Suit

Law360, New York (May 7, 2012, 3:14 PM EDT) -- 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.

The Merrill class motion comes after the Seventh Circuit found in February that despite a lack of commonality among the group of brokers — which included more than 700 current and former employees who alleged the company's hiring, promotion and compensation policies discriminated...
To view the full article, register now.




Case Information

Case Title

McReynolds v. Merrill Lynch & Co., Inc.

Case Number



Illinois Northern

Nature of Suit

442(Civil Rights: Jobs)


Honorable Robert W. Gettleman

Date Filed

November 18, 2005

Law Firms


Government Agencies

Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.