September 17, 2012
A Florida federal judge on Monday confirmed an arbitration panel's $10.3 million award to two former Merrill Lynch brokers who said they never received their contractual deferred compensation after they resigned, saying there was no evidence of improper conduct by the panel.
June 22, 2012
Merrill Lynch has replaced Reed Smith LLP with Morgan Lewis & Bockius LLP as counsel in its battles with brokers who allege the company failed to make good on contractual deferred compensation obligations after they resigned.
April 04, 2012
A Financial Industry Regulatory Authority arbitration panel on Tuesday told Merrill Lynch to pay $10.3 million to two brokers who alleged that the company failed to make good on contractual deferred compensation obligations after they resigned.