Law360, New York (April 19, 2006, 12:00 AM EDT) -- Investment bank Merrill Lynch & Co. continues to feel the effects of the 2003 market-timing scandal involving hedge fund Millennium Partners LP. The firm has removed Andy Williams, who was involved in the questionable trades, from his post as regional managing director for Northern New Jersey.
The bank removed Williams from his position but did not terminate him completely, instead offering him several options for remaining with the firm, including taking a position as a financial advisor.
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