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Federal Deposit Insurance Corporation as Receiver for Amcore Bank, N.A., et al v. Bank of America Corporation, et al
Case Number:
1:14-cv-01757
Court:
Nature of Suit:
Judge:
Firms
- Boies Schiller
- Covington & Burling
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- Gibson Dunn
- Gilbert LLP
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August 13, 2019
Big Banks Get Dozens Of Claims Cut From Libor-Rigging MDL
Bank of America and a host of other big banks being sued over their alleged role in rigging Libor will face a slimmed-down set of claims after a New York federal judge agreed to honor an agreement made with Freddie Mac and the Federal Deposit Insurance Corp. to cut dozens of claims.
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March 14, 2014
FDIC Sues 16 Banks Over Alleged Libor-Rigging
The Federal Deposit Insurance Corporation sued 16 major banks, including Bank of America Corp. and Barclays Bank PLC, in New York federal court on Friday for allegedly manipulating the London Interbank Offered Rate in order to boost profits.