Legal Opinion
Henderson v. Bank of New York Mellon Corp.
District Court, D. Massachusetts
Decided November 23, 2015No. Civil Action No. 15-10599-PBSPublishedCited by 6 opinions
1Opinion of the Court
*440MEMORANDUM AND ORDER
Saris, Chief United States District Judge
INTRODUCTION
In this proposed nationwide class action, plaintiff Ashby Henderson, a trust beneficiary, alleges that the defendants, the Bank of New York Mellon, N.A. (BNY Mellon) and associated entities,1 breached their fiduciary duty to thousands of beneficiaries of trusts for which" BNY Mellon serves as trustee, by imprudently investing the trust assets in poorly performing proprietary financial instruments. The state-law causes of action are-breach of fiduciary duty by failing to invest prudently (Count 1), allegations of unjust…
2Cases cited17 opinions
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- United States v. BestfoodsSupreme Court of the United States · 1998
- Haley v. City of BostonCourt of Appeals for the First Circuit · 2011
- Schatz v. Republican State Leadership CommitteeCourt of Appeals for the First Circuit · 2012
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3Cited by6 opinions
- Lindie Banks v. Northern Trust Corp.Court of Appeals for the Ninth Circuit · 2019
- Taksir v. Vanguard Group, Inc.District Court, E.D. Pennsylvania · 2017
- Taksir v. Vanguard Group, Inc.District Court, E.D. Pennsylvania · 2017
- BALDWIN v. MERRILL LYNCH PIERCE FENNER & SMITH INCORPORATEDDistrict Court, D. Maine · 2019
- Stephen Walden, Leslie Walden v. The Bank of New York Mellon Corporation, BNY Mellon, N.A.District Court, W.D. Pennsylvania · 2026
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