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4th Circ. Wary Of Kicking Up 'Sandstorm' On Deferred Comp.

By Kellie Mejdrich ( January 29, 2026, 1:15 PM EST) -- The Fourth Circuit appeared reluctant Thursday to revive a proposed class action brought against Bank of America and Merrill by an ex-financial adviser who said he was shorted deferred compensation, as judges questioned whether federal benefits law applied to payments that looked like bonuses....

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