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BNY Mellon, Va. Settle Fraud Suit Over Currency Trading

By Stewart Bishop (November 9, 2012, 7:38 PM EST) -- A Virginia judge on Friday dismissed a case brought by that state's attorney general accusing Bank of New York Mellon Corp. of defrauding pension funds by inflating the cost of foreign exchange transactions, following an agreement reached between the bank and the Virginia Retirement System....

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