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Mayor and City Council of Baltimore v. Bank of America Corporation et al

  1. October 17, 2023

    Susman Godfrey, Hausfeld Split $22M Fee In Libor Case

    Susman Godfrey LLP and Hausfeld LLP will receive a nearly $22 million fee for brokering a $90 million settlement deal with MUFG Bank Ltd., the Norinchukin Bank and Société Générale in sprawling multidistrict litigation against numerous financial services giants over their alleged manipulation of the London interbank offered rate.

  2. July 10, 2019

    Credit Union Regulator Blocked From Exiting Libor Class

    The National Credit Union Administration can't be excluded from the investor class bringing antitrust actions against several big banks over alleged Libor rigging because it failed to opt out before the deadline, a New York federal judge ruled Wednesday.

  3. October 25, 2018

    Deutsche Bank, HSBC Seal $340M Deal To Exit Libor MDL

    Deutsche Bank AG and HSBC Inc. won final approval Wednesday of two settlements totaling $340 million that allow them to exit multidistrict litigation accusing numerous banks of manipulating one of the world's leading benchmarks for interest on short-term loans, the London Interbank Offered Rate.

  4. August 28, 2018

    Investors Seek $63M Atty Fees In Deutsche, HSBC Libor Deals

    Investors who reached $340 million in settlements earlier this year with Deutsche Bank and HSBC in multidistrict litigation over alleged manipulation of the London Interbank Offered Rate have asked a New York federal judge to award nearly $63.4 million in fees and expenses for their counsel, Susman Godfrey LLP and Hausfeld LLP.

  5. August 15, 2018

    Hausfeld, Susman Awarded $58.4M In Libor MDL Fees, Costs

    Hausfeld LLP and Susman Godfrey LLP will decide how to dole out a nearly $60 million award for attorneys' fees and expenses approved by a New York federal judge Tuesday from $250 million in multidistrict litigation settlements between Citigroup, Barclays and investors suing over rigging of the London Interbank Offered Rate.

  6. August 10, 2018

    Investors Want Affiliate-Bank Claims To Stay In Libor MDL

     A class of over-the-counter investors urged a New York federal court Thursday to keep alive its antitrust claims against affiliates of Bank of America N.A. and JPMorgan Chase Bank N.A. in sprawling multidistrict litigation over alleged manipulation of the London Interbank Offered Rate.

  7. August 02, 2018

    Barclays, Citi $250M Libor MDL Deal With Investors OK'd

    A Manhattan federal judge on Wednesday granted final approval for two settlements worth a combined $250 million that will see Citigroup Inc. and Barclays Bank PLC exit a massive, seven-year multidistrict litigation from investors who accused multiple banks of conspiring to rig the London Interbank Offered Rate.

  8. July 16, 2018

    Banks Seek Toss Of Claims Against Affiliates In Libor MDL

    Bank of America and JPMorgan Chase asked a New York federal court on Friday to dismiss claims against the subsidiaries and affiliates of banks that allegedly conspired to manipulate the London Interbank Offered Rate, saying those affiliates could not have plausibly contributed to the scheme.

  9. April 06, 2018

    HSBC, Deutsche Get $340M In Libor Settlements Approved

    A New York federal judge granted preliminary approval on Thursday for separate settlements by HSBC Bank and Deutsche Bank AG totaling $340 million in the multidistrict litigation accusing several large financial institutions of manipulating the London Interbank Offered Rate.

  10. March 29, 2018

    HSBC Inks $100M Deal With OTC Investors In Libor-Rig MDL

    A class that accused several banks of manipulating the London Interbank Offered Rate asked a New York federal judge Thursday to approve a $100 million deal with HSBC Bank, bringing the total settlement amount in the case to $590 million.

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