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Merrill Lynch settlement OK'd

Columbus : OH : USA | 3 months ago  
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A $475 million settlement has been completed in a class-action lawsuit led by the State Teachers Retirement System of Ohio against Merrill Lynch. The lawsuit accused Merrill Lynch of artificially inflating its stock price through risky investments connected to subprime mortgages.
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  • News Source: The Columbus Dispatch | 3 months ago
    A $475 million settlement has been completed in a class-action lawsuit led by the State Teachers Retirement System of Ohio against Merrill Lynch. The lawsuit accused Merrill Lynch of artificially inflating its stock price through risky investments...
  • News Source: Seattle Times | 3 months ago
    Ohio — Ohio Attorney General Richard Cordray says $475 million in settlement money is ready for distribution to Merrill Lynch investors in Ohio and elsewhere. Cordray on Tuesday announced the completion of the financial company's settlement with...
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