BNY’s Pershing Must Face Trial Over Stanford Ponzi Claims

By Dorothy Atkins (January 4, 2023, 6:37 PM EST) — A Texas federal judge refused Wednesday to grant Bank of New York Mellon subsidiary Pershing a summary judgment win in investor litigation seeking to hold the clearing house liable for losses tied to R. Allen Stanford’s $7 billion Ponzi scheme, sending the decade-old lawsuit to a jury trial….

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Read more…

Leave a Reply

Your email address will not be published. Required fields are marked *