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Merrill Blocks La.'s Bid To Arbitrate ARS Spat

By Erin Marie Daly ( February 9, 2010, 3:24 PM EST) -- Merrill Lynch & Co. Inc. has successfully derailed a Louisiana state agency's bid to compel arbitration in a fight over the banking giant's marketing of auction rate securities following a federal judge's ruling that the agency gave up its right to arbitration when it filed the suit, now part of a sprawling multidistrict litigation....

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