Liddle & Robinson Attorneys at Law New York City

Case Database
» Case Detail

Marc A. Helie v. Merrill Lynch, Pierce, Fenner & Smith - 9/4/1997

Award Amount- $830,202.00

Case Summary: Marc Helie worked as a trader in Merrill Lynch's Emerging Markets Group from 1989-1994. Merrill Lynch terminated Mr. Helie's employment in 1994 without paying him a bonus, and shortly before he would have vested in a number of stock options that had been awarded to him previously. Following an 11-day trial, a NASD arbitration panel awarded Mr. Helie $600,000.00 and also directed Merrill Lynch to deliver to him 7,056 shares of its common stock, then valued at $230,202, together with all dividends declared from July 31, 1994. The panel also assessed Merrill Lynch $12,250.00 in forum fees.

Jeffrey L. Liddle

Web Info(URL)

Liddle & Robinson, L.L.P.
1177 Avenue of the Americas, 5th Floor, New York, N.Y. 10036
Tel: (646) 452-7211  Fax: (646) 452-7001
©2001-2019, Liddle & Robinson, L.L.P. All Rights reserved.