BNY Mellon's Investors awarded $45m in attorney fees in class action suit

US District Judge Kaplan has awarded BNY Mellon investors in Oregon $45m in attorney's fees in a proposed class action lawsuit against the bank, which was accused of running a deceptive foreign currency exchange programme.

By Kurt Orzeck (December 4, 2015, 9:55 PM EST) -- A New York federal judge on Friday granted $45 million in fees to counsel for institutional investors who reached a $180 million settlement in their proposed class action alleging Bank of New York Mellon Corp. ran a deceptive foreign currency exchange program....

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