LexisNexis® Legal Newsroom
Virginia Joins In Probe Of Bank Of New York Mellon

RICHMOND, Va. - (AP) The Virginia state attorney general's office Friday said it is looking into a whistleblower lawsuit that accuses Bank or New York Mellon of overcharging the state's pension funds by using "false exchange rates." The lawsuit, which seeks damages of more than $150...

Court OKs $624 Million Payout To Countrywide Investors

LOS ANGELES - (AP) A federal judge on Friday approved a $624 million settlement in a lawsuit brought by several New York public pension funds against fallen mortgage giant Countrywide Financial Corp. The settlement, a version of which was had been originally hammered out last year, also calls for KPMG...