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Banks Fight OTC Class Cert. In Libor-Rigging MDL

By Matthew Perlman ( November 6, 2017, 4:44 PM EST) -- Several banks ensnared in multidistrict litigation over allegations they conspired to fix the London Interbank Offered Rate benchmark urged a New York federal judge on Friday to deny a class certification bid from a group of over-the-counter investors, arguing that the new representative shows why no class should be certified....

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