Bank of NY Mellon must face $1 bln Commerzbank lawsuit
March 21, 2017 at 14:41 PM EDT
NEW YORK, March 21 (Reuters) - Bank of New York Mellon Corp must face a Commerzbank AG lawsuit seeking to hold it liable for toxic mortgage-backed securities that the German lender bought before the financial crisis, resulting in more than $1 billion of losses.
