Legal Opinion
In re Bank of New York Mellon Corp. Forex Transactions Litigation
District Court, S.D. New York
Decided July 2, 2013No. Master Docket No. 12 MD 2335(LAK)PublishedCited by 3 opinions
1Opinion of the Court
OPINION
LEWIS A. KAPLAN, District Judge.
Plaintiffs bring this consolidated shareholder derivative action against current and former officers and directors of the Bank of New York Mellon Corporation (“BNY Mellon Corp.” or the “Company”). The complaint alleges that these individual defendants are liable in connection with the foreign exchange standing instruction service of the Company’s subsidiary, Bank of New York Mellon (“BNY Mellon”). Based on the same underlying allegations, this Court has held that one of BNY Mellon’s customers adequately pled claims of breach of contract and breach of…
2Cases cited16 opinions
- Aronson v. LewisSupreme Court of Delaware · 1984
- Brehm v. EisnerSupreme Court of Delaware · 2000
- Nemec v. ShraderSupreme Court of Delaware · 2010
- In Re Citigroup Inc. Shareholder Derivative LitigationCourt of Chancery of Delaware · 2009
- Wood v. BaumSupreme Court of Delaware · 2008
11 more not listed; retrieve them via the Exa API.
3Cited by3 opinions
- In re Bank of New York Mellon Corp. Forex Transactions LitigationDistrict Court, S.D. New York · 2014
- Behrmann v. BrandtDistrict Court, D. Delaware · 2020
- Carpenters Pension Fund of Illinois v. NeidorffDistrict Court, E.D. Missouri · 2020