Bank of New York Mellon, National Association

January 6, 2021 A class action alleges Bank of New York Mellon's wealth management division has breached its fiduciary duty to those who entrusted the bank to invest their money prudently.

June 15, 2018 BNY Mellon is facing a proposed class action in which two plaintiffs claim the bank violated its fiduciary duties as a trustee by investing their trust’s assets in poorly performing mutual funds managed by the defendant’s affiliate.