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Labriola v. Bank of America, National Association
Case Number:
4:12-cv-00079
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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April 25, 2013
Merrill Lynch To Pay $2.9M To Settle Wage Delay Suit
Merrill Lynch & Co. Inc. has agreed to pay $2.9 million to settle a class action filed by ex-financial advisers who said their former employer made them wait an unlawfully long time to receive commission checks after they had left the company, according to a motion filed Thursday in California federal court.
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May 11, 2012
Merrill Lynch Fails To Shake Suit Over Tardy Wage Payments
Merrill Lynch Pierce Fenner & Smith Inc. on Thursday lost its bid to boot a class action accusing it of failing to promptly pay commissions to departing employees, after a California federal judge disputed the bank's interpretation of the state's labor codes.