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

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Merrill Lynch to pay $160 million to settle racial bias lawsuit: NYT Aug 28th 2013, 04:07 (Reuters) - Bank of America Corp's 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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