BNY Mellon Wins Approval of $180 Million Forex Settlement

  • U.S. judge grants final approval to settlement with investors
  • Bank agreed in March to $714 million settlement with U.S., NY

Bank of New York Mellon Corp. won final approval of a $180 million settlement with investors who claimed they lost money amid allegations the bank had defrauded clients in foreign-exchange transactions for as long as a decade.

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