Chicago, IL (Law Firm Newswire) March 5, 2014 – African American brokers at Merrill Lynch recently celebrated the $160 million settlement of a class-action racial discrimination lawsuit. “Merrill Lynch is known as one of the largest brokerage firms on Wall Street, so this win was significant for the plaintiffs involved,” points out Timothy Coffey, a Chicago employment lawyer and principal attorney for The Coffey Law Office, P. C., an employment litigation firm dedicated to representing employees in the workplace. The settlement came at the end of a long legal process that began in 2005 for the 12 plaintiffs. Initially, there […]

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White Plains, NY (Law Firm Newswire) October 2, 2013 – Financial advisors and estate planning experts are seeing an increase in the number of grandparents helping to raise their grandchildren. For many, the added financial responsibility means plans for retirement must be put on hold. More than 2.6 million grandparents were raising grandchildren below the age of 18 as of 2011, according to the U.S. Census. Many households are disrupted due to underemployment, divorce, mental health or substance abuse issues or chronic illness. When adult children are not able to fully parent their own children, other family members often step […]

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