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Unjust enrichment claim against BNY, revived on appeal, will go to trial in US

By Melissa Ritti ( July 11, 2025, 13:53 GMT | Insight) -- Bank of New York Mellon Corporation and the Bank of New York Mellon were denied summary judgment this week in a case brought by their former investment analyst André Pauwels. The ruling, which could carry big implications for independent contractors, flows directly from the US Court of Appeals for the Second Circuit's clarification in 2023 that unjust enrichment “does not necessarily rise or fall with a claim of trade secret misappropriation.”In 2023, litigation by André Pauwels against Bank of New York Mellon Corporation and the Bank of New York Mellon, or BNY, survived a trip to the US Court of Appeals for the Second Circuit by the slimmest of margins....

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