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BNY Mellon To Pay $180M To Settle Forex Class Action

By Y. Peter Kang ( May 21, 2015, 9:56 PM EDT) -- The Bank of New York Mellon Corp. said Thursday it will pay $180 million to resolve a putative class action brought by institutional investors accusing the company of running a deceptive foreign currency exchange program, according to a document filed with the U.S. Securities and Exchange Commission....

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