Bank of America is facing two new class action lawsuits, one brought by African-American brokers and another by female brokers, alleging the smaller retention bonuses they received during Bank of America’s purchase of Merrill Lynch were the result of discriminatory practices. The plaintiffs argue that because Merrill Lynch had a discriminatory practice of steering its wealthiest clients to white male brokers, Bank of America knowingly and willingly endorsed this discriminatory practice by tying retention bonuses to fees earned on clients’ assets.