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Blum et al. v.Merrill Lynch & Co., Inc. et al
Case Number:
1:15-cv-01636
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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May 06, 2016
BofA, Merrill Lynch Win Judge's OK Of $14M Deal In OT Suits
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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February 09, 2016
BofA, Merrill Lynch Settle Adviser Trainees' OT Action
Bank of America and subsidiary Merrill Lynch have agreed to pay an undisclosed amount to resolve claims they stiffed financial adviser trainees on overtime pay, according to a letter filed Monday in a New York federal court.
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July 31, 2015
BofA, Merrill Lynch Can't Shake OT Action By Adviser Trainees
A New York federal judge on Friday refused to dismiss a suit accusing Bank of America Inc. and subsidiary Merrill Lynch & Co. Inc. of stiffing financial adviser trainees on overtime pay and agreed to conditionally certify the case as a class action.
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May 05, 2015
BofA, Merrill Lynch Say Decide On Dismissal Before Class
Merrill Lynch & Co. Inc. and Bank of America Inc. on Tuesday asked a New York federal judge not to reconsider class certification for former employees accusing the bank of denying overtime wages, at least until he rules on the banks' motion to dismiss.
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April 29, 2015
Ex-Merrill Lynch Worker's Wage Suit Settlement Denied
A California federal judge on Monday nixed a proposed settlement in one of three wage and hour suits against Bank of America Corp. and Merrill Lynch & Co. Inc., saying that the plaintiff was in no position to broker a class settlement of any kind.
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April 21, 2015
BofA, Merrill Lynch Trainees Denied Class Cert But Can Refile
A New York federal judge denied class certification Monday to former Bank of America Corp. and Merrill Lynch & Co. Inc. employees who claim they were misclassified as exempt from overtime, but the plaintiffs are confident that he'll grant the certification when their motion is renewed.
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April 02, 2015
BofA, Merrill Lynch Want Trainees' Overtime Suit Tossed
Merrill Lynch & Co. Inc. and its parent, Bank of America Corp., on Wednesday filed a motion to dismiss a proposed collective and class action in New York federal court alleging misclassification of employees as exempt from overtime, saying a nearly identical case was filed first.
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March 06, 2015
Merrill Lynch, BofA Hit With OT Claims By Ex-Trainees
Two former Merrill Lynch & Co. Inc. financial adviser trainees launched a proposed class action in New York federal court Thursday against the brokerage and its parent Bank of America Corp., alleging it failed to pay them for the up to 30 hours of overtime they worked each week.