3 results

• Merrill Lynch Sale of GM Notes Results in $1.9M Fine Over Unfair Pricing

  December 17, 2014

  Irvin Jackson

  Merrill Lynch faces $2.5 million in fines and restitution for buying GM notes from customers at below fair prices.

• Merrill Lynch Trading Overcharges Results in $1.3M in Fines, Restitution

  April 25, 2013

  Irvin Jackson

  Merrill Lynch has been fined $1.05 million by a regulatory agency for overcharging customers on nonconvertible preferred securities, and the...

• Merrill Lynch Deferred Compensation Lawsuits Likely to Follow $10M Award

  June 20, 2012

  Irvin Jackson

  After an arbitration panel awarded more than $10 million to two former Merrill Lynch brokers in a deferred compensation lawsuit,...