November 21, 2025
A New York federal jury has cleared Bank of New York Mellon of allegations of unjust enrichment from a contractor who claimed his investment valuation model had been misappropriated.
October 06, 2023
The Second Circuit concluded Friday that the Bank of New York Mellon Corp. and Deloitte did not misappropriate an investment valuation model from a contractor and that it was not a trade secret, saying a lower court was right to dismiss his lawsuit but wrong for tossing an unjust enrichment claim against BNYM.