BNY Mellon Can't Quelch Class Action Over Lehman Losses
By Maria Chutchian ( December 9, 2011, 10:14 PM EST) -- A federal judge on Friday tossed The Bank of New York Mellon Corp.'s counterclaims and denied its request for summary judgment in a class action alleging it made risky and ruinous investments in Lehman Brothers Holdings Inc. notes and other mortgage-backed securities....
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