Merrill Lynch Objects To New Discovery Bid In Stock Loan Suit

By Sydney Price ( February 10, 2025, 10:05 PM EST) -- Merrill Lynch told a New York federal court it should deny investors' request for supplemental transaction data in their suit alleging major banks colluded to avoid modernizing the stock loan market, arguing that the discovery period has closed, and there are no legitimate reasons to grant the "burdensome" request....

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