BNY Can't Nix Suit Alleging Mutual Fund Conflict Of Interest

[Gunnar Larson]

BNY Can't Nix Suit Alleging Mutual Fund Conflict Of Interest
<https://www.law360.com/banking/articles/1824153?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-04-12&read_main=1&nlsidx=0&nlaidx=9>

By Sydney Price

The Bank of New York Mellon must face most of the remaining claims in a
proposed self-dealing class action alleging it failed to disclose conflicts
of interest when funneling client assets into mutual funds and other
investment vehicles that favored the bank.

 Opinion attached | Read full article »
<https://www.law360.com/banking/articles/1824153?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-04-12&read_more=1&nlsidx=0&nlaidx=9>
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