McReynolds v. Merrill Lynch
Published on:
September 27, 2011
SIFMA submitted an Amicus “Friend of the Court” Brief
Court:
U.S. Court of Appeals
(Seventh Court)
Amicus Issue:
Whether financial services firms may pay their employees on the basis of objective, formulaic pay systems, notwithstanding allegations that such systems discriminate, under Title VII, Section 703(h), of the Civil Rights Act of 1964, as amended, with respect to the opportunities employees have to generate the revenue used to calculate compensation.
Counsel of Record:
Morgan Lewis & Bockius LLP
Samuel S. Shaulson
Michael S. Burkhardt
Other Amici:
U.S. Chamber of Commerce
American Bankers Association