September 13, 2017
Swiss banking giant UBS AG has asked a New York federal judge to dismiss the latest iteration of a proposed class action by gold sellers who accuse banks of coordinating for years to reduce gold prices and benefit their trading positions, saying the key evidence against it is full of holes.
May 01, 2017
Barclays and three other banks told a New York federal court Monday that they didn't waste its time when requesting a second shot at tossing a case over their alleged conspiracy to manipulate the price of gold, saying investors' use of flawed data in the suit justifies a do-over.
April 28, 2017
Barclays Bank PLC and three other banks want another shot at tossing a proposed class action accusing them of manipulating a benchmark gold price, telling a New York federal court in a letter that they have discovered errors in the statistical evidence marshaled against them.
December 09, 2016
A New York federal judge on Friday gave preliminary approval to an agreement by Deutsche Bank AG to pay investors and others $60 million to end claims that it engaged in illegal price-fixing of the gold market.
December 08, 2016
UBS AG told a New York federal court Wednesday that new information obtained from Deutsche Bank does not warrant pulling UBS back into a putative class action alleging a conspiracy to manipulate the price of gold after earlier claims against it were dismissed.
August 16, 2016
Banks accused of fixing prices in the silver, gold and forex markets argued Tuesday that a Second Circuit decision in an aluminum antitrust case clearly means the New York federal suits against the banks should be thrown out for lack of standing.
April 14, 2016
Deutsche Bank AG is nearing a settlement in multidistrict litigation accusing the bank of being part of a scheme to manipulate the price of gold, a day after it said it was close to a deal in a similar silver suit, according to a letter to a New York federal judge filed Thursday.
July 14, 2015
UBS AG on Tuesday doubled down on its attempt to have tossed claims that it conspired with other banks to fix the price of gold, reiterating to the court that the allegations against it are baseless and therefore should be dismissed.
May 01, 2015
Banks including Barclays Bank PLC, HSBC Bank PLC, Deutsche Bank AG and UBS AG, along with the London Gold Market Fixing Ltd., urged a New York federal judge Thursday in multiple filings to dismiss multidistrict litigation accusing them of manipulating the price of gold.