BofA, Merrill Lynch Settle Adviser Trainees' OT Action

By Aaron Vehling · February 9, 2016, 7:37 PM EST

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...

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Case Information

Case Title

Blum et al. v.Merrill Lynch & Co., Inc. et al

Case Number

1:15-cv-01636

Court

New York Southern

Nature of Suit

Labor: Fair Standards

Date Filed

March 05, 2015

Case Title

Reiburn et al v. Merrill Lynch & Co., Inc. et al

Case Number

1:15-cv-02960

Court

New York Southern

Nature of Suit

Labor: Fair Standards

Date Filed

April 16, 2015

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