Louisiana To Settle Rest Of GSE Bond-Rigging Case
By Jon Hill ( April 22, 2021, 7:13 PM EDT) -- The state of Louisiana has a tentative deal to settle the rest of its case accusing units of JPMorgan and other major financial institutions of conspiring to rig prices of bonds issued by government-sponsored enterprises like Fannie Mae and Freddie Mac, setting up a potential conclusion to the litigation after a bruising series of dismissal rulings in Baton Rouge federal court....
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