BNY Mellon Reaches $19M Settlement In Pension Fund Row

By Kelly Knaub ( March 3, 2014, 6:19 PM EST) -- The Bank of New York Mellon Corp. has reached a $19 million settlement with the Pennsylvania Treasury Department and two of the state's largest public pension systems over funds that were lost in connection with a Sigma Finance Inc. investment during the 2007-2008 economic crisis....

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