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The S.E.C. settlement contains details that could be used by lawyers bringing arbitration cases against him.
Mr. Bran pointed to three arbitration cases against the firm decided recently in which claimants won no money.
The accusations could provide ammunition for investors seeking to bring arbitration cases against Merrill, contending that they were misled by fraudulent research.
Charles T. Jeremiah, a Houston lawyer who is representing two black Halliburton employees in unrelated arbitration cases against the company, said that his clients were singled out for undesirable jobs at sites and endured racist jokes and slurs.
Lewis D. Lowenfels, an expert in securities law at Tolins & Lowenfels in New York, said the ruling in California was a significant boost not only to aggrieved investors in that state, but also to investors anywhere who bring arbitration cases against brokerage firms.
The influential magistrate has enjoined the government to consider, among other things, filing additional arbitration cases against China if the latter continues to ignore the ruling.
Similar(52)
They lost everything and have filed an arbitration case against the firm to recover their losses.
Konstantin Starikovitch, a Russian weight lifter, won an arbitration case against the United States federation.
Howard won his salary arbitration case against the Phillies, when he was awarded $10 million.
Now the comedian is back in the news, as he lost a big arbitration case against JPMorgan Chase.
Steve Parris lost his salary arbitration case against the Cincinnati Reds yesterday, leaving players and owners with two victories each in arbitration this year.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com