 Pensions & Investments |
BNY Mellon settles Sigma lawsuit for $280 million
Reuters The settlement is connected to the collapse of Sigma Finance Corp, a $27 billion investment fund created by London-based Gordian Knot Ltd. The structured investment vehicle (SIV) failed in October 2008 at the height of the global financial crisis … BNY Mellon Takes $210 Million Charge to Settle Sigma Litigation Bloomberg BNY Mellon to Pay $280 Million in Securities Lending Pension Settlement aiCIO BNY Mellon Pays $280M To End Sigma Class Action Law360 (subscription) |
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BNY Mellon settles Sigma lawsuit for $280 million – Reuters