The $39 million settlement comes after claims that Merrill Lynch underpaid its brokerage customers.

The long-running cash sweep legal case centered on how the company moved, or swept, some Merrill Edge customers’ idle cash ...

Merrill Lynch has agreed to pay $39 million to resolve claims that it failed to pay reasonable interest on uninvested cash ...

Merrill Edge is a comprehensive low-cost service that works with Bank of America to offer benefits like research and resources, a quality trading experience and 24/7 customer service. Read U.S. News' ...

Merrill Lynch has reportedly agreed to settle a lawsuit accusing it of underpaying brokerage customers. The Bank of ...

Key Stats for Bank of America StockPrice change for Bank of America stock in last 6 months: 10%$BAC Stock Price as of Sep. 30 ...

Amid heated debate about wealth managers' duties to retirement plan holders, Merrill Lynch has been hit with a lawsuit questioning its handling of money in a client's IRA. Processing Content A ...

An investor is suing Merrill Lynch for breach of contract, alleging that the firm offered paltry interest rates on cash sweep accounts held by retirement clients in the self-directed Merrill Edge ...

By Jonathan Stempel NEW YORK, Sept 30 (Reuters) - Bank of America's Merrill Lynch unit will pay $39 million to settle a class ...

With interest rates having risen for almost two years and firms facing scrutiny on cash sweep accounts, a client of Merrill Edge, the online brokerage and advisory arm of Merrill Lynch, this week sued ...