BNY Mellon Says Royal Park's Proposed Class Still Lacking

By Jack Newsham ( December 5, 2017, 2:07 PM EST) -- The Bank of New York Mellon Corp. has asked a New York federal judge to reject a new effort to allow a case over failed mortgage-backed securities it oversaw to advance as a class action, saying Royal Park Investments' class definition is still too "expansive and amorphous" to be certified....

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