[JURIST] A class of plaintiffs consisting of around 1,200 African-American financial advisers have reached a $160 million settlement with Merrill Lynch [corporate website] in a racial discrimination lawsuit, according to a plaintiffs' attorney on Wednesday. The settlement [WP report] has to be approved by the Judge Robert Gettleman for the US District Court for the Northern District of Illinois [official website], which would close an almost decade-long case. The lawsuit was filed in 2005 alleging that Merrill Lynch prevented its...

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