On Friday, a U.S. district judge in San Francisco dismissed certain foreign exchange (FX) pricing-related allegations against The Bank of New York Mellon Corporation (NYSE:BK), thereby providing a huge relief to the company. The judge discharged five out of nine claims regarding over-charging the FX transactions while the remaining four were transferred to different state courts.
The accusations under the California False Claims Act against BNY Mellon were dismissed. However, the allegations that … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards