Libor Investors Seek OK To Join 2nd Circ. Antitrust Appeal
Law360, New York (January 26, 2015, 1:58 PM EST) -- Two groups of investors asked a New York federal judge Friday to let them join an appeal challenging the dismissal of the antitrust claims from multidistrict litigation over Libor manipulation in the wake of the U.S. Supreme Court's decision that the Second Circuit must hear the case.
The putative class plaintiffs representing investors who engaged in over-the-counter and exchange-based trading allegedly affected by several banks' manipulation of the London interbank offered rate asked U.S. District Judge Naomi Reice Buchwald to issue final judgment on the dismissal of their antitrust claims from the sprawling MDL.
Judge Buchwald has already granted a similar...
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