October 05, 2020
A New York federal judge signed off Monday on a nearly $22 million settlement between five major banks and a class of indirect investors that accused them of manipulating the Libor benchmark.
July 30, 2018
Indirect investors have asked a New York federal judge to sign off on a $4.75 million settlement with HSBC Bank to end claims over accusations several large financial institutions manipulated the Libor, saying the deal was fair given the substantial risk associated with trying to explain a complicated market to a jury.