Santa Clara Valley Society of Women Engineers, San Jose, California.Below are just a few of the outstanding organizations receiving RISE awards this year for their efforts in advancing CS and STEM education: Our recipients are diverse, ranging from girls robotics teams building high-tech machinery in Nairobi to after-school programs that have students configuring cluster computers in Salt Lake City. We expanded the awards to include Sub-Saharan Africa, and in total, we’re awarding more than $340,000 in funding to 13 U.S., eight European and five African organizations. This year, the Google in Education group received a record number of inspiring applications for RISE. We have set up a dedicated email address for inquires from brokers who need assistance with their employment issues with Merrill Lynch, or any other wirehouse - More. We have been representing brokers in transition, contract and promissory note matters for over two decades, and are presently representing former Bank of America and Merrill Lynch brokers with their transition and promissory note issues. The article continues to say that industry analysts said in early January that they expect to see more defections from Merrill's "Thundering Herd" of brokers, many already frustrated with changes since Bank of America purchased the firm three years ago, after the award payments are made in late January and early February. That move came at the same time that Merrill brokers were about to receive the last of two big payouts on previous incentive plans. In an article " UBS Hires Raft of Veteran Merrill Brokers" Ashley Lau reports that UBS had placed a premium on brokers from Merrill, Bank of America's brokerage unit, by increasing up-front bonuses offered to those who signed before the end of 2011. On Wall Street is reporting that UBS is hiring teams of Merrill Lynch brokers. The complete mismanagement of the firm, first by Merrill, compounded by Bank of America, forced brokers to leave the firm, and doing so at their own financial peril, leaving behind significant deferred compensation and outstanding promissory notes. Merrill Lynch was not much better, given the fact that it was virtually bankrupt by the fourth quarter of 2008. Bank of America forced brokers out of the firm, by reducing payouts, refusing to pay for business which had already been booked, and for generally not having a clue how to run a brokerage firm. That outrage became well known when it took over the failing Merrill Lynch in 2008. “If approved by the court, we believe that the proposed settlement appropriately sanctions the misconduct while giving due credit to Diamondback for its substantial assistance in the government’s investigation and the pending actions against former employees and their co-defendants.”ĭiamondback Capital Agrees to Settle SEC Insider Trading Chargesīank of America has always been a disaster in the brokerage business, with a long history of mistreatment of its brokers. Canellos, Director of the SEC’s New York Regional Office. “We are pleased to have reached a prompt resolution of the charges against Diamondback,” said George S. The proposed settlement would resolve charges of insider trading by Diamondback in shares of Dell Inc. Attorney’s Office for the Southern District of New York. As part of the proposed settlement, the Stamford, Conn.-based hedge fund adviser also has submitted a statement of facts to the SEC and federal prosecutors, and entered into a non-prosecution agreement with the U.S. The SEC announced that Diamondback Capital Management LLC has agreed to pay more than $9 million ($6 million of allegedly ill-gotten gains and $3 million civil penalty) to settle insider-trading charges brought by the Commission on Jan.
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