LAWSUITS NEWS & LEGAL INFORMATION
Merrill Settles Investor Class Action for $475 Million
This is a settlement for the Securities/Stock Fraud lawsuit.
Merrill Lynch has settled allegations that they artificially inflated stock prices from late 2006 through to 2008, leading to significant losses for investors. Ohio Attorney General Richard Corday said the settlement funds are now ready for distribution to investors in that state, which include The Ohio State Teachers Retirement System and others. The settlement is $475 million.
SEPT-08-09: Ohio AG says $475M Merrill Lynch settlement ready [AP: OHIO AG SAYS $475 MILLION MERILL LYNCH SETTLEMENT READY475 ]
Published on Sep-8-09
SEPT-08-09: Ohio AG says $475M Merrill Lynch settlement ready [AP: OHIO AG SAYS $475 MILLION MERILL LYNCH SETTLEMENT READY475 ]
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