BNY’s Ivy Settles New York’s Madoff Lawsuit for $210 Million
By David McLaughlin – Nov 13, 2012 9:33 AM ET
Bank of New York Mellon Corp. (BK)’s Ivy Asset Management agreed to a $210 million settlement with the state of New York to resolve allegations it misled clients that invested with Bernard Madoff, according to a statement from the New York Attorney General’s office.
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