Showing posts with label brokers. Show all posts
Showing posts with label brokers. Show all posts

Wednesday, November 17, 2010

Bank of America Settles Bias Suit

The New York Times
By BLOOMBERG NEWS
Published: November 16, 2010

Bank of America has settled a lawsuit filed by a broker who claimed that the bank’s Merrill Lynch unit discriminated against women through its partnership model. Jamie Goodman, a broker who worked at Merrill since 1992, sued the company last year in federal court in Manhattan. United States District Judge Shira A. Scheindlin wrote in a court order on Tuesday that both sides told her that they had reached a settlement. Terms were not disclosed.

Full Story: http://www.nytimes.com/2010/11/17/business/17merrill.html?_r=1&src=busln