Investors Pull Plug On BNY Mellon RMBS Trustee Suit

By Jon Hill ( September 13, 2019, 4:57 PM EDT) -- Investors including funds of BlackRock Inc. and other asset managers have dropped derivative claims seeking to recover billions of dollars in alleged damages from the Bank of New York Mellon on behalf of more than 200 crisis-era residential mortgage-backed securities trusts that it allegedly mismanaged as their trustee, according to New York federal court filings....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!