BALDWIN v. MERRILL LYNCH PIERCE FENNER & SMITH INCORPORATED

UNITED STATES DISTRICT COURT DISTRICT OF MAINE THOMAS BALDWIN, Individually ) and On Behalf of All Others ) Similarly Situated, ) ) Plaintiff, ) ) v. ) 2:19-cv-00026-JDL ) MERRILL LYNCH, PIERCE, ) FENNER & SMITH ) INCORPORATED, ) ) Defendant. ) ORDER ON DEFENDANT’S MOTION TO DISMISS Thomas Baldwin alleges that Merrill Lynch, Pierce, Fenner & Smith Incorporated (“Merrill Lynch”) misrepresented the tax consequences of investing money into a 529 college savings plan that it manages on behalf of the Finance Authority of Maine. Baldwin brings this class action individually and on behalf of all…