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Merrill Lynch
Merrill Lynch agreed to pay $4.9 million to settle claims of unpaid wages and overtime for certain financial advisors and employees.
ClosedUnited States-wideClaim status: Closed on April 1, 2025Payout: TBDNo longer claimable
About this settlement
Alleged unpaid wages and overtime violations for specific Merrill Lynch employee job codes between 2021 and 2024.
This settlement resolves claims that Merrill Lynch failed to pay proper wages, including overtime, to certain financial advisors and employees during specified employment periods.
Who qualifies
- Current and former Merrill Lynch employees with job codes BQ058, BQ249, BQ250, or BQ223.
- Employees who worked between Dec. 11, 2021 and Dec. 11, 2024.
TBD
Claim status: Closed on April 1, 2025