Merrill Lynch - Can 900 Women be Wrong?

Authors

class-action lawsuit, Merrill Lynch, diversity initiatives, Human Resources Management

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.

2021-03-09

Cases

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