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BofA, Merrill Lynch Win Judge's OK Of $14M Deal In OT Suits

By Kurt Orzeck ( May 6, 2016, 8:09 PM EDT) -- A New York federal judge on Friday approved a deal in which Bank of America Corp. and subsidiary Merrill Lynch will pay $14 million to settle two wage-and-hour collective actions accusing them of stiffing financial adviser trainees on overtime pay....

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