Shareholder Sues BNY Mellon, Others Over FX Transaction Losses

NEW YORK - An investor sued The Bank of New York Mellon Corp. (BNY Mellon), certain of its current and former executive officers and directors and underwriters of BNY Mellon stock offerings in New York federal court on Dec. 15, alleging that the defendants misrepresented BNY Mellon's business and financial condition in violation of federal securities laws (Louisiana Municipal Public Employees' Retirement System v. The Bank of New York Mellon Corp., et al., No. 11-9175, S.D. N.Y.). View today's headlines and listen to the latest podcast at www.lexisnexis.com/legalnews Do you have news to share? Interested in writing a commentary article? Email the Mealey News Desk at Mealeys@LexisNexis.com Full story on lexis.com