Overview
Case Number: No. 25-cv-02114
Practice Area: Securities Fraud & Investor Protection
Case Status: Ongoing
Court: S.D.N.Y.
Table of Contents
Berger Montague serves as co-lead counsel in this class action alleging that BNY breached its duties as an Indenture Trustee in improperly authenticating $17 billion of unregistered securities issued by Barclays Bank. The Complaint asserts common law claims for breach of contract, breach of the implied covenant of good faith and fair dealing, and negligence. Defendant’s motion to dismiss is fully briefed and awaiting resolution by the court.
Berger Montague is one of the nation’s preeminent law firms focusing on complex civil litigation, class actions, and mass torts in federal and state courts throughout the United States. The firm is active in the fields of antitrust, commercial litigation, consumer protection, defective products, environmental law, employment law, securities, and whistleblower cases, among many other practice areas. For more than 50 years, Berger Montague has played lead roles in precedent-setting cases and has recovered over $60 billion for its clients and the classes they have represented. Berger Montague is headquartered in Philadelphia and has offices in Chicago, Minneapolis, San Diego, San Francisco, Toronto, Washington, D.C., and Wilmington, DE.
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Dobbs v. The Bank of New York Mellon FAQs
A class action has been filed against the company over losses suffered by investors and Berger Montague is currently speaking with investors about their options.
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