Merrill Lynch Escapes Sex Bias Suit By Female Trainees

Law360, New York (April 24, 2014, 6:04 PM EDT) -- Three ex-financial adviser trainees who brought a gender bias suit against Merrill Lynch & Co. Inc. failed to establish that Merrill's assertion that they were let go due to poor performance was a smokescreen for discrimination, a New York judge ruled on Wednesday, dismissing the women's case.

Judge Cynthia Kern granted a Jan. 24 motion for summary judgment from the defendants — Merrill Lynch & Co., Merrill Lynch Pierce Fenner & Smith Inc. and parent company Bank of America Corp. — and dismissed Sara Hunter Hudson,...
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