about 2 hours ago

Reshad Jones Settles Lawsuit Against Merrill Lynch For $9.5 Million

The settlement occurred in August, but public reporting was delayed until this week. According to an arrest report, Isaiah Williams, who is Jones' former financial adviser and a former Merrill Lynch employee, used his position to gain access to Jones' personal financial accounts. This resulted in the theft of $1.56 Million in 133 separate transactions. Merrill Lynch declined to comment.