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Merrill Lynch

Merrill Lynch settled for $1.375 million over claims of underpaying California financial advisors.

ClosedCalifornia onlyClaim status: Claim window closedPayout: VariesNo longer claimable

About this settlement

Alleged wage underpayment for specific financial advisor and support roles at Merrill Lynch in California.

This settlement resolves claims that Merrill Lynch underpaid certain financial advisors and administrative support employees in California between 2016 and 2022.

Who qualifies

  • Employees of Merrill Lynch in California.
  • Worked as Client Associates or similar non-exempt administrative support roles.
  • Employment dates between August 26, 2016 and May 12, 2022.

Varies

Claim status: Claim window closed

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