Featured Jobs
|
DWC ERISA Consultants LLC
|
|
The Pension Source
|
|
BPAS
|
|
Nova 401(k) Associates
|
|
Retirement Combo Plan Administrator Heritage Pension Advisors, Inc.
|
|
Compensation Strategies Group, Ltd.
|
|
Defined Benefit Specialist II or III Nova 401(k) Associates
|
|
EPIC RPS
|
|
Merkley Retirement Consultants
|
|
Distributions Processor - Qualified Retirement Plans Anchor 3(16) Fiduciary Solutions, LLC
|
|
BPAS
|
|
July Business Services
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
|
BNY Mellon Can't Nix Retirement Plans' Suit Over Foreign Exchange Transactions
Bloomberg BNA 
Apr. 4, 2017
"Bank of New York Mellon must defend a proposed class action accusing it of charging excessive, unauthorized and undisclosed rates to seven retirement plans through the bank's foreign exchange transactions. Because the participants are suing in their representative capacity on behalf of the plans, they don't need to allege an individualized injury to have standing, federal district Judge J. Paul Oetken held[.]" [Carver v. Bank of N.Y. Mellon, No. 15-10180 (S.D.N.Y. Mar. 31, 2017)]
|
| Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
| An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |