The Bank of New York Mellon Corporation (BK)
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of The Bank of New York Mellon Corporation ("Bank of New York Mellon" or "the Company") (NYSE: BK). The investigation concerns whether Bank of New York Mellon and certain of its officers and/or directors have violated federal securities laws.
On September 20, 2020, Buzzfeed announced an international banking investigation, alleging that several financial institutions, including Bank of New York Mellon, had direct knowledge of serious failures in policies and controls to prevent money laundering. Buzzfeed continued to allege that Bank of New York Mellon enabled the movement of criminal funds even after raising suspicions. Following this news Bank of New York Mellon stock dropped over 5% during intraday trading on September 21, 2020.
If you are aware of any facts relating to this investigation, or purchased Bank of New York Mellon shares, you can assist this investigation by contacting the firm. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.