Merrill: BofA Unit Now Faces Certified Class in Stock-Loan Antitrust Suit
Pension fund plaintiffs secured class certification against Bank of America's Merrill Lynch unit, in a case accusing financial institutions of preventing the stock-loan trading market from transitioning to a more transparent and efficient system.
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Merrill Lynch is a wealth management firm that specializes in offering retirement planning, eldercare, philanthropy and estate planning services.
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