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McReynolds v. Merrill Lynch & Co., Inc.

  1. November 22, 2013

    Court Urged To Ignore Objection To $160M Merrill Bias Deal

    A former Merrill Lynch Pierce Fenner & Smith Inc. worker's argument that a $160 million settlement fund in a race bias class action against the company should be hiked up to $250 million is unrealistic, attorneys for the black financial advisers behind the suit told a Chicago federal court Thursday.

  2. August 28, 2013

    BofA Strikes $160M Deal In Merrill Brokers' Race Bias Suit

    Bank of America Corp.'s Merrill Lynch & Co. Inc. subsidiary has agreed to pay $160 million to settle claims that it discriminated against its black financial advisers, an attorney representing the plaintiffs said Wednesday.

  3. April 10, 2013

    Merrill Brokers Say Docs Aren't Privileged In Race Bias Row

    A class of black financial advisers suing Merrill Lynch & Co. Inc. for racial discrimination urged an Illinois federal court Tuesday to order Merrill to produce documents allegedly relevant to their allegations, accusing Merrill of asserting a baseless claim of "ombudsman privilege."

  4. May 16, 2012

    Judge Allows Bigger Class In Merrill Race Bias Suit

    An Illinois federal judge ruled Wednesday that former employees should be included in a proposed class of black Merrill Lynch & Co. Inc. financial advisers suing the Bank of America Corp. unit for discrimination, shooting down the defendant's attempt to limit the class to current employees only.

  5. May 15, 2012

    Merrill Brokers Slam Bid To Limit Class Size In Bias Suit

    Attorneys for a proposed class of black Merrill Lynch & Co. Inc. financial advisers on Monday blasted the bank's bid to limit their discrimination case to only current employees and policies, describing the Bank of America Corp. subsidiary's tactic as an end run around a clear directive from the Seventh Circuit.

  6. May 07, 2012

    Merrill Wants Ex-Brokers Out Of Race Bias Suit

    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.

  7. September 19, 2011

    No Class Cert. For Merrill Brokers In Race Bias Suit

    An Illinois federal judge on Monday denied class certification for a second time to brokers accusing Merrill Lynch & Co. Inc. of racial discrimination, saying the plaintiffs could not establish sufficient facts common to the class.

  8. July 19, 2011

    Merrill Bias Plaintiffs Say Dukes Supports Class Bid

    Brokers accusing Merrill Lynch & Co. Inc. of racial discrimination sought class certification in Illinois on Monday, arguing that the U.S. Supreme Court's ruling in Wal-Mart v. Dukes supported their bid for certification based on a uniform employment policy.

  9. July 13, 2011

    Merrill Says Court Has No Jurisdiction Over Denied Class

    Merrill Lynch & Co. Inc. asked an Illinois federal court Wednesday to lift a stay on absent class members' claims in a race bias suit, citing a recent U.S. Supreme Court ruling that district courts don't have jurisdiction over members of putative classes when certification has been denied.

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