May 31, 2024 Merrill Lynch settles class action racial discrimination lawsuit for $20 million The lawsuit alleges that African American advisers employed by Bank of America-owned Merrill received less compensation and promotions than their white counterparts—and were terminated at higher rates. BY Associated Press Merrill Lynch has agreed to pay nearly $20 million to settle a … Continue reading Merrill Lynch settles class action racial discrimination lawsuit for $20 million →