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: The AM Law DailyNew York AG Sues BNY Mellon Unit Over Madoff
By Brian Baxter
The office of New York State Attorney General Andrew Cuomo is suing Ivy Asset Management, a fund-of-funds unit of Bank of New York Mellon, a little more than a month after reports surfaced that Ivy was being probed for advice it allegedly gave to investors relating to Bernard Madoff. A trio of high-powered New York defense firms have been tapped to represent Ivy and two former senior executives.
Full post as published by The AM Law Daily on May 11, 2010 (boomark / email).
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