Merrill Lynch, the behemoth brokerage firm, has agreed to fork over $160 million to settle a racial bias lawsuit brought by a longtime broker who accused the company of providing better opportunities, as well as more compensation, for white employees.
The settlement was confirmed to MSNBC.com by Suzanne Bish, a lawyer with Stowell & Friedman, for the plaintiffs
Black brokers settle racist claim with Merrill Lynch — MSNBC
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