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IN RE BANK OF NEW YORK MELLON CORP. FOREX

Master Docket No. 12 MD 2335(LAK).

42 F.Supp.3d 520 (2014)

In re BANK OF NEW YORK MELLON CORP. FOREX TRANSACTIONS LITIGATION.

United States District Court, S.D. New York.

Signed July 9, 2014.

Attorney(s) appearing for the Case

Joseph H. Meltzer , Sharan Nirmul , Shannon O. Braden , Sekou Campbell , Kessler Topaz Meltzer & Check, LLP, Elizabeth J. Cabraser , Steven E. Fineman , Daniel P. Chiplock , Daniel E. Seltz , Michael J. Miarmi , Lieff Cabraser Heimann & Bernstein, LLP, for Plaintiffs.

Brian K. Murphy , Murray Murphy Moul & Basil, LLP, for Plaintiff Ohio Police & Fire Pension Fund.

Michael P. Thornton , Michael A. Lesser , Thornton & Naumes, LLP, Michael P. Lehmann , Christopher L. Lebsock , Hausfeld, LLP, Gregory S. Hach , Michael A. Rose , Frank R. Schirripa , Hach Rose Schirripa & Cheverie, LLP, for Plaintiff International Union of Operating Engineers.

Bradley E. Beckworth , Brad Seidel , Jeffrey J. Angelovich , Nix Patterson & Roach, LLP, for Plaintiff Southeastern Pennsylvania Transportation Authority.

Reid M. Figel , Rebecca A. Beynon , David L. Schwarz , Derek T. Ho , Gregory G. Rapawy , Andrew C. Shen , Kellog Huber Hansen Todd Evans & Figel, PLLC, for Defendants.

MEMORANDUM OPINION

The plaintiffs in these three actions all were or are customers of the Bank of New York Mellon ("BNYM")1 that contracted with BNYM to execute certain foreign exchange transactions on their behalf. They now allege that BNYM is liable for breaches of fiduciary...

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