We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Investors Reach $10M Deal With Citigroup Over Forex Rigging

Law360 (August 22, 2018, 2:51 PM EDT) -- Investors attempting to amend their proposed class action against more than a dozen big banks over the alleged rigging of wholesale foreign exchange markets asked a New York federal judge Tuesday for preliminary approval of a $9.95 million settlement that would resolve claims against Citigroup Inc.

While awaiting a ruling on their motion for leave to file a second consolidated class action complaint, the investors reached an agreement with Citigroup this month that procures not only a cash settlement for eight investor classes but also a promise that Citigroup will provide extensive cooperation with the investors' ongoing litigation against the remaining...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!



Kirkland & Ellis LLP has redefined what it means to be the biggest of BigLaw — weighing in at 2,116 attorneys by year end 2018 and becoming the first firm since Law360 began tracking law firm head counts to top 2,000 U.S.-based attorneys.



Case Information

Case Title

Subscribers Only

Case Number

Subscribers Only


New York Southern

Nature of Suit



Subscribers Only

Date Filed

April 28, 2017

Law Firms