May 28, 2020
A federal judge in Manhattan on Thursday decided that a damages analysis is no longer admissible in a suit accusing Bank of New York Mellon of failing to protect investors in residential mortgage-backed securities.
December 07, 2017
Investors suing the Bank of New York Mellon over its alleged failures as trustee for a slew of residential mortgage-backed securities trusts have told a New York federal judge that it’s not necessary to split off their claims related to one particular trust for which the bank acted not as trustee but as master servicer.
October 10, 2017
The Bank of New York Mellon has pushed back against investors' bid to have a New York federal judge rethink some of the quick wins she gave the bank earlier this month in their suit over its alleged failures as trustee for a slew of residential mortgage-backed securities trusts.
September 25, 2017
Investors suing the Bank of New York Mellon over its alleged failures as trustee for a slew of residential mortgage-backed securities trusts have urged a New York federal judge to reconsider some of the quick wins she gave the bank earlier this month.
September 07, 2017
A New York federal judge on Thursday trimmed investors' claims in a suit brought against the Bank of New York Mellon over its alleged failures as trustee of a slew of residential mortgage-backed securities trusts, ruling that many of the claims didn't have enough evidence to back them up.