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BNY Sued Over $17.7B Unregistered Barclays-Issued Notes

By Sarah Jarvis ( March 14, 2025, 8:11 PM EDT) -- A trio of investors has filed a proposed class action against The Bank of New York Mellon Corp. for allegedly failing to properly authenticate several exchange-traded note offerings from Barclays, leading to the sale of $17.7 billion in unregistered securities....

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