Class Action Comes To UK With Major Forex Rigging Suit

By Joanne Faulkner (November 5, 2019, 3:28 PM GMT) -- A consumer antitrust suit brought by investors seeking at least £1 billion ($1.3 billion) from five banking giants, including JPMorgan and Barclays, over allegations of foreign exchange rigging is set to be heard at a London tribunal on Wednesday in a test case for U.S.-style class actions brought in England.

A hearing for the £1 billion ($1.3 billion) antitrust suit, which targets Barclays and four other banking giants including JPMorgan and Citibank, will take place at a tribunal in London. (AP) The first case management hearing for the claim, which also targets Citibank, Royal Bank of Scotland Group PLC and UBS...

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