BNY Mellon Reaches 11th-Hour Deal In Beneficiaries' Fee Suit

By Dean Seal ( March 13, 2019, 8:02 PM EDT) -- On the eve of trial, the Bank of New York Mellon Corp. told a Massachusetts federal judge that a settlement has been reached in a class action from trust beneficiaries who accused the bank of charging excessive and undisclosed fees on tax returns, according to court records made available Wednesday....

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