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Press Releases

Plaintiffs Secure Significant Early Victory in Class Action Against The Bank of New York Mellon Corp. and its Affiliates in Light of the District Court Rendering a Decision Largely Denying their Motion to Dismiss Claims Stemming from their Alleged Breach of Wealth Management Agreements and Deceptive Bank Practices Involving Discretionary Client Accounts

CHICAGO – On June 7, 2021, Chief Magistrate Judge Eddy of the U.S. District Court for the Western District of Pennsylvania, largely denied the motion to dismiss the class action against Bank of New York Mellon Corp. (“BNY Corp”) and its wholly-owned subsidiary,...