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Merrill $40M Class-Action Settlement With Advisers Could 'Open a Pandora's Box'
About 1,500 former advisers would qualify for the deal, which would settle the class action filed in October 2009 by brokers claiming rights to stock grants that had not been fully vested before the Bank of America acquisition.
- By Jeff Benjamin and Liz Skinner
- August 24, 2012
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