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BNY Mellon Being Investigated by Law Firm for Possible Violations of ERISA
PLANSPONSOR 
Oct. 5, 2011
Specifically, [the firm] says it is investigating whether certain fiduciaries of the Bank of New York Mellon Corporation 401(k) Savings Plan ... may have breached their fiduciary duties under ERISA to the Plan and its participants and beneficiaries by continuing to invest the Plan's assets in BNY common stock when it was no longer prudent to do so.
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