BofA, Others Escape European Gov't Bond-Rigging Suit
By Jon Hill (July 24, 2020, 11:28 PM EDT) -- A Manhattan federal judge has taken a knife to a proposed class action accusing Bank of America and other financial services heavyweights of a five-year conspiracy to fix European government bond prices, ruling that only the case's claims against Natixis SA and two Nomura subsidiaries may proceed.
A district judge has dismissed affiliates of Bank of America and three other European banks from the antitrust case in New York. (AP) In a decision issued Thursday, U.S. District Judge Victor Marrero dismissed affiliates of Bank of America and three other European banks from the antitrust case, which alleges a cartel of financial...
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