Search results
Results from the WOW.Com Content Network
The Martin Act (New York General Business Law article 23-A, sections 352–353) [1] is a New York anti-fraud law, widely considered to be the most severe blue sky law in the country. [2] Passed in 1921, it grants the Attorney General of New York expansive law enforcement powers to conduct investigations of securities fraud and bring civil or ...
Schooley, who was rated as a top broker in Enid, Oklahoma, [3] discovered systemic wrongdoing at Merrill Lynch that ranged from brokers to management to the board of directors and included: License-related exam cheat sheets; Country club list theft; Embezzlement; Falsification of records; Failure of management to deliver millions in assets; Bond rating fraud; Tour de France scheme; Client ...
The company was founded on January 6, 1914, when Charles E. Merrill opened Charles E. Merrill & Co. for business at 7 Wall Street in New York City. [11] A few months later, Merrill's friend, Edmund C. Lynch, joined him, and in 1915 the name was officially changed to Merrill, Lynch & Co. [12] At that time, the firm's name included a comma between Merrill and Lynch, which was dropped in 1938. [13]
On April 1, 1940, Merrill Lynch merged with E. A. Pierce & Co. and Cassatt & Co., a Philadelphia-based brokerage firm in which both Merrill Lynch and E.A. Pierce held an interest. [10] and was briefly known as Merrill Lynch, E. A. Pierce, and Cassatt. [11] The company became the first on Wall Street to publish an annual fiscal report in 1941.
BofA Securities, Inc., [1] previously Bank of America Merrill Lynch (BAML), is an American multinational investment banking division under the auspices of Bank of America. It is not to be confused with Merrill , the stock brokerage and trading platform subsidiary of Bank of America.
While at Merrill Lynch, he worked in New York, London, Paris, and Tehran. [5] After the stock market crash of 1987, Allison revised the bonus structure at Merrill Lynch, adding compensation based on company performance to a plan that was previously based on individual performance alone. [6] "Herbies," as the options became known, were ...
Get answers to your AOL Mail, login, Desktop Gold, AOL app, password and subscription questions. Find the support options to contact customer care by email, chat, or phone number.
Marin was tried for arson and insurance fraud for setting his home on fire. [2] Court hearings started on May 21, 2012, and Marin faced 7 to 21 years in prison if convicted. The jury found Marin guilty on June 28, 2012. Soon after the verdict, and being informed that he was to be taken into custody immediately, he died by suicide in court.