NEW YORK, NY / ACCESSWIRE / June 10, 2024 / National securities attorneys KlaymanToskes continues investigating Merrill Lynch, a division of Bank of America (NYSE:BAC), on behalf of former financial advisors following the filing of the firm’s arbitration claim alleging that Merrill illegally withheld its brokers’ deferred compensation. All former Merrill brokers/advisors who have suffered deferred compensation damages in excess of $100,000 should contact KlaymanToskes immediately at 888-997-9956.
KlaymanToskes reports the law firm is pursuing multiple arbitration claims against Merrill in deferred compensation disputes, and has been contacted by many former Merrill financial advisors who are seeking to recover their unpaid deferred compensation through the filing of FINRA arbitration claims. KlaymanToskes believes Merrill Lynch’s deferred compensation plan for employees qualifies as an employee benefit plan governed by the Employee Retirement Income Security Act of 1974 (ERISA), and is therefore subject to its anti-forfeiture provisions.
KlaymanToskes is a leading national securities law firm which represents industry professionals who have been involved in a number of employment-related disputes including unpaid compensation, commission, and bonuses. The law firm’s founder and managing partner, Lawrence L. Klayman, Esq. has extensive experience as a former securities broker and has spent decades applying his knowledge gained on Wall Street representing brokers and financial advisors in a range of employment law matters.
If you are a former Merrill financial advisor or other securities industry professional facing an employment dispute, contact attorney Lawrence L. Klayman at (888) 997-9956 or by email at [email protected] in furtherance of our investigation.
About KlaymanToskes
KlaymanToskes is a leading national securities law firm co-founded by former securities broker Lawrence L. Klayman, which practices exclusively in the field of securities arbitration and litigation on behalf of both investors and financial industry professionals throughout the world in large and complex securities matters. The firm has recovered over $250 million in FINRA arbitrations and over $350 million in other securities litigation matters. KlaymanToskes has office locations in California, Florida, New York, and Puerto Rico.
Contact
Lawrence L. Klayman, Esq.
KlaymanToskes, P.A.
+1 888-997-9956
[email protected]
SOURCE: KlaymanToskes, P.A.