February 15, 2013
Merrill Lynch & Co. Inc. agreed Friday to pay $12 million to settle a class and collective action lawsuit in New York federal court alleging the Bank of America Corp. subsidiary failed to pay proper overtime to its client associates.
January 13, 2012
A putative class action that claims Merrill Lynch & Co. Inc. underpaid administrative staff's overtime will stay in a New York court, a federal judge ruled Friday, denying the Bank of America Corp. subsidiary's bid to kick the case to Texas.
August 12, 2011
Merrill Lynch & Co. Inc. told a New York federal judge on Friday that a female employee's proposed class action alleging gender bias and claiming client associates were denied proper overtime pay belonged in Texas federal court.
June 14, 2011
A veteran employee of Merrill Lynch & Co. Inc. lodged a complaint in New York on Thursday, claiming the financial firm's "supplemental compensation" policy not only denies a proposed class of client associates proper overtime pay, but also discriminates against female workers.