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

  1. January 04, 2018

    Objector To $130M Citi Libor Deal Pegs Damages At $24B

    Citigroup Inc.'s proposed $130 million settlement of a class action over its manipulation of the London Interbank Offered Rate has drawn an objection from the Virgin Islands Public Finance Authority, which seeks a better deal because it claims the damages are around $24 billion.

  2. November 16, 2017

    $120M Barclays Deal Attys Reduce Fee Request By $8M

    Lawyers who sought 30 percent of a $120 million settlement they struck with Barclays PLC for investors who accused the bank of manipulating the London Interbank Offered Rate told a New York federal judge on Wednesday that they'd accept just 20 percent of the settlement pot for now after she raised questions about the payout.

  3. September 25, 2017

    OTC Investors' Counsel Want $32M Fee In Libor MDL

    Counsel for a class of investors who purchased Libor-tied financial instruments directly from big banks have asked a New York federal court to award the over-the-counter investors $31.8 million in fees incurred in multidistrict litigation alleging the banks manipulated the benchmark rate.

  4. June 16, 2017

    Libor Antitrust Plaintiffs To Appeal Foreign Bank Fight

    Investors who say banks broke antitrust laws by selling them securities linked to the London Interbank Offered Rate while secretly rigging the benchmark told a New York federal court Thursday that the investors will appeal a decision that freed foreign banks from the lawsuit.

  5. December 22, 2016

    Barclays $120M 'Ice-Breaker' Libor Class Deal Clears Hurdle

    A Manhattan federal judge on Wednesday preliminarily approved a $120 million deal between Barclays Bank plc and investors who purchased its financial products tied to the London Interbank Offered Rate, noting that the settlement contains a vow from the British banking giant to assist class members in their pursuit of other alleged rate manipulators.

  6. July 29, 2016

    Societe Generale Gets French Oversight Of Libor MDL Docs

    A New York federal judge Thursday granted an unopposed request by French banking giant Société Générale SA to issue a request for international judicial assistance in order to not run afoul of French law when producing documents in multidistrict litigation alleging SG conspired with other banks to fix yen-denominated Libor.

  7. November 04, 2015

    BofA, Others Can't Shake Libor MDL Class Claims

    The New York federal judge overseeing litigation against Bank of America and others accused of manipulating the London Interbank Offered Rate cleaned house in the multidistrict litigation Tuesday, dismissing student loan borrowers' proposed class actions against the banks but keeping alive investors', mortgage borrowers' and other claims.

  8. August 09, 2011

    Baltimore Latest To Sue Banks Over Libor Probe

    The City of Baltimore launched an antitrust class action Friday against Bank of America Corp., Citibank NA and other banks in the latest suit stemming from an investigation into allegations that banks manipulated a key interest rate for the U.S. dollar.

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!