Stark & Stark’s Employment group was quoted in the January 9, 2009 article, Brokers Disdain Toaster Salesmen in Bank America Deal. Controversy has followed Bank of America’s September 15, 2008 acquisition of Merrill Lynch since day one. Initially, disputes arose over whether or not Bank of America would honor Merrill Lynch’s employment contracts for the nearly 16,000 brokers affected by the acquisition. Now, two senior Merrill executives have left within days of the acquisition becoming final.
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