A British panel has dismissed the sexual discrimination suit filed against Merrill Lynch by former top executive, Stephanie Villalba. Although the tribunal found that no gender discrimination had occurred, they did criticize Merrill Lynch's poor treatment and unfair dismissal of Villalba. Merrill Lynch still faces about 30 sexual discrimination claims in the United States.
See "British Panel Rejects Claim of Sex Bias at Merrill", Heather Timmons, The New York Times, December 22, 2004