September 30, 2025
A New York federal judge has dismissed claims against UBS AG in a long-running case alleging financial institutions conspired to rig the Swiss franc Libor, saying the plaintiffs failed to demonstrate they had been assigned the necessary recovery rights to pursue their claims.
November 27, 2023
A New York federal judge on Monday approved a $19.2 million award for attorneys representing investors in a Libor-rigging case against several financial institutions for their role in securing multiple settlements totaling over $74 million.
November 27, 2023
Attorneys representing California State Teachers Retirement System in the Libor-rigging case against several financial institutions asked a New York federal judge for a $19.2 million award for their role in securing several settlements totaling nearly $74 million.
September 28, 2023
A New York federal court has granted final approval to several settlements totaling over $52 million between investors and financial institutions, putting an end to claims arising from a Libor-rigging scandal uncovered more than a decade ago.
May 12, 2023
A California teacher's retirement fund has asked a New York federal judge to give the first OK to a $2.1 million settlement resolving allegations that financial services firm TP ICAP Group PLC, its affiliates and two other firms manipulated the Swiss franc Libor.
February 15, 2023
A New York federal judge on Wednesday gave his initial approval to three settlements totaling nearly $48 million between investors and Credit Suisse and two other investment banks accused of manipulating the Swiss franc London Interbank Offered Rate.
January 30, 2023
UBS AG and a group of brokers have asked a Manhattan federal judge to toss a proposed class action over alleged interest rate manipulation once and for all, saying that a third amended complaint still falls short of the mark to move forward.
July 14, 2022
A proposed class of investors accusing various financial institutions of conspiring to manipulate the Swiss franc Libor has asked a New York federal court to OK a $13.7 million deal with Credit Suisse, following its bid for approval of deals with NatWest Markets and Deutsche Bank.
June 30, 2022
A proposed class of investors accusing various financial institutions of conspiring to manipulate the Swiss franc Libor has asked a New York federal court to approve a $21 million settlement with NatWest Markets and a $13 million settlement with Deutsche Bank.
September 16, 2019
Several big banks and brokerages escaped a rate-rigging suit Monday after a New York federal judge determined that the investment firm that sued them in 2015 had dissolved before it brought claims, invalidating the entire litigation.