Remember the 2015 movie, The Intern, starring Robert De Niro and Anne Hathaway? De Niro played a 70-year old widower who applied to be an intern after he got bored with retirement. Anne Hathaway plays De Niro’s much younger boss, and, ultimately, the two end up learning quite a lot from each other. Once again, […]
Tag: Merrill Lynch
‘Innocent’ little e-mails and text messages can cost companies billions, wreck promising careers (of politicians and HR managers), and cause untold hassles.
In September, a judge rejected a $33 million settlement between the Securities and Exchange Commission and Bank of America that it deemed unfair to stockholders. The settlement related to bonus payments to Merrill Lynch executives at the time of Bank of America’s acquisition of the firm. The rejection was another indication to Scott Landau that […]
By Katie Clayton and Farrah Sunderani In our October 12, 2009, entry we looked at the extent to which Canadian courts are following the principles established by the Supreme Court of Canada in Honda v. Keays to awarding bad faith and punitive damages. Last month, an Alberta court was once again put to the test. […]
It’s hard to believe but 2009 is coming to an end. For many, 2009 can’t be over soon enough. For most businesses, it has been a challenging year. And while we’ve seen a rebound in the stock market, most companies are reporting earnings that, while they beat analysts’ estimates, are still significantly less than they […]
On December 31, 2008, the Equal Employment Opportunity Commission (EEOC) announced that Merrill Lynch, the international financial services firm, settled a discrimination lawsuit filed on behalf of an Iranian Muslim former worker who claimed he was terminated because of his religion and national origin. Merrill Lynch agreed to pay $1.55 million to settle the suit. […]