#Student Loan Auction Rate Securities

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 […]