Merrill Lynch Settles Allegations It Steered Black Employees Into Lower-Paying Positions

http://www.huffingtonpost.com/2013/08/28/merrill-lynch-black-employees_n_3829461.html

Longtime Merrill broker George McReynolds filed the lawsuit in 2005 accusing the brokerage of steering blacks into clerical positions and diverting lucrative accounts to white brokers, resulting in lower pay and fewer career growth opportunities.

r-MERRILL-LYNCH-large500

Image source and article: http://www.huffingtonpost.com/2013/08/28/merrill-lynch-black-employees_n_3829461.html

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s