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Merril Lynch Auction-Rate Securities

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Merrill Lynch Auction Rate Securities Under Investigation
  • Auction Rate Securities

Read the Complaint filed against Merrill Lynch by the State of Massachusetts


Overview

Merrill Lynch Charged In Auction-Rate Probe

Massachusetts security regulators have filed fraud charges against Merrill Lynch, one of the world's leading financial management and advisory companies, for allegedly promoting auction-rate securities as “safe” investments when the company knew the auction market had become increasingly unstable.

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News Commentary

States Get Tough On Wall Street Over Auction Rate Securities

Broker misconduct, fraud charges, securities violations, inside schemes and scams - state regulators are finally getting down to business and holding Wall Street firms that misrepresented auction rate securities as safe, liquid investments accountable.

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Publication Articles - our lawyers quoted

Is Your Account Safe? What Changes at Lehman Brothers & Merril Lynch Mean for Investors

Wall Street Journal Article Summary

Posted: Tuesday, September 16, 2008

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