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11 Feb 2009, 9:38 pm
  That said, someone needs to go to prison for this:Greg Farrell, FT: In spite of operating losses of $41.2bn for 2008, close to 700 Merrill executives received cash bonuses of more than $1m for the year, Mr Cuomo wrote.John Thain, former Merrill chief executive, and his management team paid the bonuses in late December, bringing forward the payments by a full month, just days before Bank of America completed its acquisition of Merrill. [read post]
23 Aug 2019, 1:29 pm by Stoltmann Law Offices
This week the sun has set on the near quarter of a century career of Bank of America Merrill Lynch top private wealth manager Patrick Dwyer. [read post]
22 Mar 2007, 11:10 am
Merrill Lynch, the giant securities firm, is taking new steps to protect its stock research, which it described in a note to clients as being “Napster-ized” — a reference to the Web site [...] [read post]
23 Sep 2014, 12:24 pm by D. Daxton White
Reportedly, Goetz and Brown were part of Merrill Lynch’s Private Banking and Investment Group that managed approximately $2.5 billion in assets. [read post]
18 Dec 2020, 8:55 am by Renae Lloyd
Former Merrill Lynch Advisor Christopher Hibbard, Convicted of Fraud The White Law Group continues to investigate potential securities fraud claims involving former Merrill Lynch advisor Christoper Hibbard of Louisville, KY, and the liability Merrill Lynch may have for failure to supervise his alleged activities. [read post]
7 Aug 2009, 9:14 am
House member wants Bank of America to turn over extensive documentation relating to its Merrill Lynch deal (with a focus on lossess and loss projections at Merrill). [read post]
28 Jun 2012, 9:47 pm by InvestorLawyers
The unwarranted fees, plus interest, have since been returned to the affected customers by Merrill Lynch. [read post]
1 Nov 2017, 7:29 am by Renae Lloyd
Merrill has reportedly paid between $16,000 and $719,000 to settle 33 of those customer complaints. [read post]
4 Dec 2017, 10:19 am by Michael J. Giarrusso
Bank of America Merrill Lynch’s (“Merrill Lynch”) brokerage unit offered Strategic Return Notes (“SRNs”) to customers, resulting in losses of as much as 95% of the principal invested. [read post]
14 Feb 2019, 11:17 am by D. Daxton White
The post Former Merrill Lynch advisor Tom Buck sentenced appeared first on The White Law Group. [read post]
25 Jan 2012, 11:38 am
A Merrill Lynch spokesman said the firm disagreed with the paneland#39;s decision. [read post]
With liability estimated to be $100 million or more, former Merrill Lynch reps with deferred compensation left behind in plans such as FACAAP, WealthBuilder and Growth Award, might have had something to cheer about. [read post]
18 Dec 2009, 9:35 am by Page Perry LLC
The SEC has begun to probe Bank of America’s failure to disclose increasing losses at Merrill Lynch prior to its acquisition. [read post]
24 Apr 2009, 2:21 am
The government pumped another $20 billion into Bank of America after it suffered losses due to Merrill's woes. [read post]