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BNY Mellon Not Safe From Future MedCap Claims: Calif. Court

By Jeff Sistrunk ( July 18, 2013, 9:27 PM EDT) -- A California federal judge Thursday refused to rule that a proposed $114 million settlement between Bank of New York Mellon and Medical Capital Holdings Inc. investors was made in good faith, denying the bank protection from future claims over its alleged role in MedCap's massive Ponzi scheme....

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