Merrill Lynch - Can 900 Women be Wrong?
Keywords:
class-action lawsuit, Merrill Lynch, diversity initiatives, Human Resources ManagementAbstract
A group of female financial consultant employees at Merrill Lynch filed a class-action
lawsuit suit against Merrill Lynch charging, "gender discrimination in wages,
promotions, account distributions and other areas of employment. " initially, only
one of the female financial consultants filed the legal suit against Merrill Lynch.
However, the suit grew to eight and it is estimated that as many as 900 women could
join the class action discrimination suit. The class-action suit was intended to seek
damages for wrongdoings and to enhance Merrill Lynch's diversity initiatives to
correct any illegal issues. This case is appropriate for a Human Resources Management
and Business Law class.
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