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Royal Park Investments SA/NV v. The Bank of New York Mellon
Case Number:
1:14-cv-06502
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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March 03, 2016
BNY Must Face Belgian Investor's $1.12B RMBS Suit
A New York federal judge said that a Belgian investment fund’s purported class action alleging Bank of New York Mellon Corp. failed in its role as trustee of some $1.12 billion in residential mortgage-backed securities could move forward.
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