April 29, 2015
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.
April 21, 2015
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.
March 26, 2015
A proposed collective of Merrill Lynch employees sued in California federal court Wednesday to recoup wages allegedly owed for unpaid overtime work performed during a financial adviser training program.