Merrill Assistant Broker Pleads Guilty
Merrill Assistant Broker Pleaded Guilty. A Merrill Lynch assistant broker on Wednesday pleaded guilty to a misdemeanor bribery charge in a move that increases pressure on Martha Stewart and Sam Waksal in the ImClone insider trading scandal. Douglas Faneuil reportedly admitted to receiving money or other valuables "as consideration … [Read more...] about Merrill Assistant Broker Pleads Guilty
Tyco Fallout May Hit Merrill
Tyco Fallout Hit Merrill Lynch's Stock. The integrity of Merrill Lynch's stock research and investment-banking practices is likely to come under fire again this week. Already suspected of helping Enron inflate its profits and tipping off Martha Stewart in the ImClone Systems inside-trading scandal, the USA's largest broker now … [Read more...] about Tyco Fallout May Hit Merrill
MORE PERIL FOR MERRILL
Lawsuits Filed Against Merrill Lynch. Plaintiffs’ lawyers must be salivating. A lawsuit filed this week by the New York State Attorney General against Merrill Lynch & Co. has opened the door to claims by thousands of customers who relied upon the advice of the Merrill Lynch analysts. The court action was initiated after a … [Read more...] about MORE PERIL FOR MERRILL
