BNY Mellon Settles With Prudential Over $28M In Forex Trades

By Juan-Carlos Rodriguez · June 19, 2012, 2:39 PM EDT

The Bank of New York Mellon Corp. has agreed to repay more than half of $28 million generated by the bank in foreign exchange transactions with Prudential Financial Inc.'s money, after...

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Case Information

Case Title

United States of America v. The Bank of New York Mellon Corporation

Case Number

1:11-cv-06969

Court

New York Southern

Nature of Suit

Other Fraud

Date Filed

October 04, 2011