Legal Opinion
George McReynolds v. Merrill Lynch
Court of Appeals for the Seventh Circuit
Decided September 11, 2012No. 11-1957PublishedCited by 698 opinions
1Opinion of the Court
SYKES, Circuit Judge.
In 2005 a group of brokers at Merrill Lynch sued the firm under 42 U.S.C. § 1981 and Title VII raising various claims of racial discrimination and seeking to litigate the claims as a class. Among other things, they alleged that the firm’s “teaming” and account-distribution policies had the effect of steering black brokers away from the most lucrative assignments and thus prevented them from earning compensation comparable to white brokers. That litigation is ongoing. See McReynolds v. Merrill Lynch, Pierce, Fenner & Smith, Inc., 672 F.3d 482 (7th Cir.2012) (reversing the…
2Cases cited25 opinions
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- Washington v. DavisSupreme Court of the United States · 1976
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3Cited by698 opinions
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