Former Merrill Advisor Sues Over Unvested Commissions

News May 01, 2024 at 01:58 PM
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What You Need To Know

  • Kelly Milligan contends he had to forfeit over $500,000 in deferred commissions.
  • Merrill's parent says its compensation plan complies with all relevant laws.
  • The plaintiff says the plan violates the Employee Retirement Income Security Act.
A Merrill Lynch branch office