# Fired Adviser Sues Bank of America Over Arbitration Policy

By Riza Dagoc

Canonical URL: https://www.tokenpost.com/news/regulation/45145
Published: 2026-10-30T21:29:46.000Z
Updated: 2026-10-30T21:29:46.000Z
Section: Regulation

> The 2024 policy covers employees at both Bank of America and Merrill Lynch.

Katherine Mackey, a fired financial adviser, sued Bank of America, challenging a 2024 policy requiring employees of the bank and Merrill Lynch to accept mandatory arbitration.

The policy applies to employees at both financial businesses.