Union's protesters at Bank of America say guards lost their benefits

Published Feb. 17, 2010 at 8:12 p.m.
(By Rick Rothacker, rrothacker@charlotteobserver.com) New York security guards who contend they lost affordable health insurance after Bank of America Corp.'s purchase of Merrill Lynch & Co. brought their protest to the Charlotte bank's headquarters on Tuesday.

In the merger transition, about 130 former Merrill Lynch security guards in December faced a steep increase in their health care benefits, leaving many unable to afford coverage, said Joe Eisman, organizing coordinator with a Service Employees International Union local. Another 30 lost their jobs. The changes came when guards were shifted to a security firm used by Bank of America, G4S Wackenhut, from a firm used by Merrill, Securitas.

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