Louisiana Municipal Police Employees' Retirement System v. The Bank of New York Mellon Corporation et al

  1. December 04, 2015

    BNY Mellon Investors Win $45M In Attys Fees In Forex Suit

    A New York federal judge on Friday granted $45 million in fees to counsel for institutional investors who reached a $180 million settlement in their proposed class action alleging Bank of New York Mellon Corp. ran a deceptive foreign currency exchange program.

  2. May 21, 2015

    BNY Mellon To Pay $180M To Settle Forex Class Action

    The Bank of New York Mellon Corp. said Thursday it will pay $180 million to resolve a putative class action brought by institutional investors accusing the company of running a deceptive foreign currency exchange program, according to a document filed with the U.S. Securities and Exchange Commission.

  3. April 30, 2015

    'Embarrassing' BNY Mellon Emails Unsealed In Investor Action

    A New York federal judge on Thursday agreed to unseal a group of confidential Bank of New York Mellon Corp. emails in a putative class action over its allegedly deceptive foreign currency exchange program, finding that although the emails might be "embarrassing" to the bank, they are old and already "quite stale."

  4. April 29, 2015

    BNY Mellon Seeks To Scrap Proposed Forex Investor Class

    The Bank of New York Mellon Corp. told a New York federal court on Monday that a proposed class of institutional investors suing over its allegedly deceptive foreign currency exchange program lacks commonality and shouldn't be certified.

  5. October 25, 2013

    BNY Mellon Loses On 2 Discovery Motions In FX MDL

    A federal magistrate judge in New York on Thursday ruled against Bank of New York Mellon Corp. on two separate requests for more documents from state and local pension funds that are part of multidistrict litigation accusing the bank of manipulating foreign currency exchange transactions.

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