Focuses on the lawsuit filed by New Orleans, La.-based restaurateur Al Copeland against Merrill Lynch which seeks damages for Merrill Lynch's failure to issue $110 million in junk bonds to finance Copeland's...
Pierce & Company in 1930 and concentrated on investment banking until 1940, when he merged his firm with that of Pierce to form Merrill Lynch, E.A. Pierce & Cassatt. In 1941 the company merged with the New Orleans-based brokers Fenner and Beane. Under Merrill’s leadership, the brokerage ...
That same year, Charles Merrill and Edmund Lynch arrived in New York, where they met and became friends. The two 22-year-old entrepreneurs had both recently finished college and gravitated to Wall Street to seek their fortune. At that time, the stock market was chiefly the domain of a smal...