#Merrill Lynch

Merrill Lynch to Buy Back County’s Investment

Mayor Alan Arakawa announced on Friday that the County of Maui has reached a resolution regarding the purchase of $32 million in student loan auction rate securities from Merrill Lynch.

Maui Files Suit Claiming it was Stranded with $44 Million in Debt Securities

By Wendy Osher The County of Maui is demanding a jury trial in a lawsuit it filed last week against Merrill Lynch Pierce Fenner & Smith Inc. The county claims it was stranded with $44.2 million in debt instruments when the firm abandoned its practice of supporting auctions for the SLARS or Student Loan Auction […]