May 06, 2013
The judge overseeing multidistrict litigation accusing Bank of America Corp., JPMorgan Chase & Co. and other top banks of rigging the London Interbank Offered Rate agreed Friday to give investors one last chance to make their antitrust allegations stick.
March 05, 2013
Plaintiffs' lawyers who complain that large banks manipulated Libor should have filed their lawsuits earlier, a New York federal judge said Tuesday as she considered the banks' request that antitrust and other claims be thrown out.
March 01, 2013
Two San Francisco residents moved Thursday to lead a nationwide class of homeowners accusing a slew of banks and their subsidiaries of manipulating the London Interbank Offered Rate, telling a New York federal judge that the four existing classes in the multidistrict litigation don't represent their interests.
February 22, 2013
A California county pushed Thursday to lead a class of municipalities accusing a slew of major banks of manipulating Libor rates, telling the New York federal judge handling the multidistrict litigation that the four existing classes didn't represent the municipalities' claims.
August 30, 2012
Charles Schwab Corp. and putative classes of financial products buyers and sellers urged a New York federal court Wednesday not to dismiss their antitrust claims in multidistrict litigation over an alleged effort by global banks to fix Libor, saying their complaints state plausible claims for relief.
August 29, 2012
Charles Schwab Corp. and a proposed class of financial products buyers on Tuesday told a New York federal court not to dismiss antitrust suits over an alleged effort by several major banks to fix Libor that cost them millions, saying the allegations were sufficiently supported.
July 18, 2012
The New York federal judge overseeing the multidistrict litigation accusing major global banks of conspiring to drive down the Libor found Wednesday that the class actions she previously consolidated in the MDL could only be combined for pretrial purposes.
July 02, 2012
Citigroup Inc., HSBC Bank PLC and other large banks asked a New York federal judge Friday to toss lawsuits in a multidistrict litigation accusing them of driving down the Libor, saying that there is no evidence of an antitrust conspiracy.
May 01, 2012
Three groups of investors lodged separate amended complaints in New York federal court Monday as part of multidistrict litigation accusing more than a dozen large international banks of manipulating and driving down the London Interbank Offered Rate.
March 07, 2012
U.S. regulators are conducting a broad criminal probe over whether major banks manipulated the London Interbank Offered Rate and other benchmark interest rates, according to a U.S. Department of Justice letter filed in New York federal court and made public Tuesday.