Supreme Court Won't Question Class Cert. In Merrill Bias Suit

By Abigail Rubenstein (October 1, 2012, 8:53 PM EDT) -- The U.S. Supreme Court on Monday opted not to review the certification of a class of black brokers suing Merrill Lynch & Co. Inc. for race discrimination, leaving in place a Seventh Circuit ruling that attorneys say will bolster plaintiffs' efforts to secure class treatment in the wake of the high court's Dukes decision, which tightened class cert standards.

The Seventh Circuit in February reversed the trial court's decision denying class certification to black financial advisers, holding that despite a lack of commonality among the group of brokers, the case would still benefit from class status because the dispute was over...

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