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Stock impact report

US judge says Bank of America's alleged 'reckless disregard' supports Epstein lawsuit [Yahoo! Finance Canada]

The Bank of New York Mellon Corporation (BK) 
Last the bank of new york mellon corporation earnings: 4/16 06:30 am Check Earnings Report
U.S. District Judge Jed Rakoff's assessment ?came in an opinion explaining his January 29 decision to let Epstein victims pursue two claims accusing the nation's second-largest bank of ?knowingly benefiting from Epstein's sex trafficking, and of obstructing enforcement of the federal Trafficking Victims Protection Act. The judge also dismissed four other claims against Bank of America, and all of a similar lawsuit against Bank of New York Mellon. He did not decide the merits of the remaining Bank of America claims. Bank of America said ?on Wednesday it looked forward to a ?full review of the facts. Lawyers for the Epstein victims did not immediately respond to requests for comment after market hours. A trial is scheduled for May 11. Bank ?of America, based in Charlotte, North Carolina, had argued the Jane Doe plaintiff had "at best" alleged that it banked high net-worth clients affiliated with Epstein, and did not show it intentionally obstructed law enforcement. JUDGE CITE Show less Read more
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