Grede v. Bank of New York Mellon Corp | 7th Circuit Court withdraws win for BNY Mellon in Sentinel case

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Grede v. Bank of New York Mellon Corp | 7th Circuit Court withdraws win for BNY Mellon in Sentinel case

Grede v. Bank of New York Mellon Corp | 7th Circuit Court withdraws win for BNY Mellon in Sentinel case

Reuters-

A federal appeals court in the United States has withdrawn a ruling that put Bank of New York Mellon Corp (BK.N) ahead of former customers of Sentinel Management Group seeking to recoup money lost in the futures broker’s 2007 collapse.

In a two-line ruling that gave no further explanation, the U.S. Court of Appeals for the Seventh Circuit withdrew an August 9 opinion. “This appeal remains under consideration by the panel,” the three-judge panel wrote in a ruling dated November 30.

[REUTERS]

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