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BNY Mellon settles Sigma lawsuit for $280 million

By About Cash Flow Editor | 6 July, 2012 - 10:14 am |3 March, 2013 Banking
BNY Mellon to pay $280 million Sigma Finance settlement
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)

Read the rest here:
BNY Mellon settles Sigma lawsuit for $280 million – Reuters

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