Huge payout, to black brokers who were treated as second-class brokers at Merrill Lynch.<\/p>\n
The piece begins:<\/p>\n
Merrill Lynch<\/a>, one of the biggest brokerage firms on Wall Street, has agreed to pay $160 million to settle a racial bias lawsuit that wound through the federal courts for eight years, including two appeals to the United States Supreme Court.<\/em><\/p>\n Here’s the whole Times piece by Patrick McGeehan: Merrill Lynch in Big Payout for Bias Case – NYTimes.com<\/a>.<\/p>\n McGeehan notes that this case took 8 years to settle but the plaintiffs just held on and kept going.<\/p>\n","protected":false},"excerpt":{"rendered":" Huge payout, to black brokers who were treated as second-class brokers at Merrill Lynch. The piece begins: Merrill Lynch, one of the biggest brokerage firms on Wall Street, has agreed to pay $160 million to settle a racial bias lawsuit … Continue reading