Lead lawyer for the settling customers
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Last updated Oct 3, 2026
As of October 2026: Representing the class in the $39 million settlement
Merrill Lynch agreed to pay $39 million to settle a class action that said it paid retirement-account customers near-zero interest on idle cash. The deal, filed Sept. 30 in Manhattan federal court, awaits approval from US District Judge Valerie Caproni.
Updated Oct 3
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