Merrill Lynch Ordered To Pay $3,684,163 in Damages and Other Costs Following Unsuitable Private Equity Recommendations: Report

Merrill Lynch will have to shell out nearly $3. 7 million in damages and other costs after arbitrators sided against the wealth management firm following a private equity complaint. source: https://dailyhodl.com/2025/07/15/merrill-lynch-ordered-to-pay-3684163-in-damages-and-other-costs-following-unsuitable-private-equity-recommendations-report/