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Court OKs class action against Merrill Lynch
Legal Newsline ^ | 2-28-12 | Michael P. Tremoglie

Posted on 02/28/2012 8:47:02 PM PST by Miami Vice

African-American brokers employed by Merrill Lynch can pursue racial discrimination claims in a class action.

The United States Court of Appeals for the Seventh Circuit, Chicago, on Feb. 24 reversed a District Court ruling, permitting the class action.

The plaintiffs say there were two companywide policies that are alleged to cause racial bias. One was ...

(Excerpt) Read more at legalnewsline.com ...


TOPICS: Business/Economy; Crime/Corruption; Culture/Society; News/Current Events
KEYWORDS: financial; lawsuits; race; wallstreet

1 posted on 02/28/2012 8:47:13 PM PST by Miami Vice
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To: Miami Vice

2 posted on 02/28/2012 8:57:51 PM PST by 2ndDivisionVet (You can't invade the US. There'd be a rifle behind every blade of grass.~Admiral Yamamoto)
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To: Miami Vice

Oh, another Chicago way to redistribute the wealth.


3 posted on 02/28/2012 9:21:16 PM PST by ntnychik
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To: Miami Vice

Can Uncle Sam sue Obama for destroying his world standing?


4 posted on 02/28/2012 9:47:57 PM PST by FedsRStealingOurCountryFromUs
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