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Article: Disgrunted Merrill clients find friends at local firm. (Wall Street West).(Brief Article)
- Article from:
- Los Angeles Business Journal
- Article date:
- April 29, 2002
- Author:
CopyrightCOPYRIGHT 2002 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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IT was just a two-inch by three-inch ad buried deep inside the Los Angeles Times, but it represents a financial torpedo aimed at the securities industry.
The tombstone reads in part, "If you have lost money purchasing technology or Internet securities between 1999 and 2000 at Merrill Lynch..." and ended by soliciting a phone call to the law offices of Aidikoff & Uhl in Beverly Hills.
Phil Aidikoff, founder and nameplate partner at the firm, said response to the ad has been "tremendous."
Merrill Lynch, of course, faces prosecution by New York State Attorney General Eliot Spitzer, who recently released e-mails in which Merrill analysts privately ...