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Corporate

Aug. 13, 2005

Merrill Settlement Likely to Spark Similar Suits

SAN FRANCISCO - A Merrill Lynch & Co. agreement to pay $37 million to settle a class action brought on behalf of the firm's own stockbrokers is likely to have a domino effect throughout the securities industry.

By Anna Oberthur
Daily Journal Staff Writer
        SAN FRANCISCO - A Merrill Lynch & Co. agreement to pay $37 million to settle a class action brought on behalf of the firm's own stockbrokers is likely to have a domino effect throughout the securities industry.
        Lawyers said the settlement could spark a ...

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