Legal
Merrill Ordered to Pay Ex-Broker $1.2M in Flap Over Mishandled Sale
Merrill Lynch must pay roughly $1.2 million to a former broker who was wrongly blamed for mishandling a client's stock sale and fired, an arbitration panel ruled. However, the broker, Barbara Jean Horvath, must repay roughly $439,000 of a promissory note to Merrill, leaving her to get a payout of…
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Click here to read the full story: The Wall Street Journal