Business: Merrill Lynch to pay $160 million to settle racial bias lawsuit

Source: Reuters

- Last modified: August 28, 2013 at 9:23 AM

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(Reuters) - Bank of America Corp's (BAC) Merrill Lynch unit agreed to pay $160 million to settle a racial bias lawsuit that went through two appeals at the United States Supreme Court, the New York Times reported, citing the plaintiff's lawyer.

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