August 01, 2022
Deutsche Bank AG has agreed to end a seven-year lawsuit over the alleged manipulation of the British pound sterling Libor with a proposed $5 million class settlement in New York federal court.
August 16, 2019
A New York federal court on Friday dismissed antitrust claims against UBS in a proposed class action over alleged Libor rigging, finding that a defunct investment company didn't transfer the rights to pursue the claims before it dissolved.
March 07, 2019
UBS is urging a New York federal judge to bar a defunct investment company from allowing the outfit that bought its assets to take over as the last plaintiff in a proposed class action over alleged Libor rigging, calling the move an "attempt at sleight of hand" by an enterprise that no longer exists.
February 25, 2019
Several major banks pushed back Friday against a hedge fund's request that a New York federal judge reconsider their dismissal from an antitrust suit over alleged Libor rigging, arguing the fund failed to point out any relevant information the court overlooked in its decision.
January 23, 2019
UBS urged a New York federal judge on Tuesday to rethink parts of his pre-Christmas ruling that left it the only bank facing claims in a proposed class action over alleged rigging of the British pound sterling Libor, arguing that the antitrust remnants of the case squeaked past dismissal thanks to the investor plaintiffs' conflation of regulatory findings.
August 04, 2017
Foreign financial institutions accused of manipulating the London Interbank Offering Rate asked a New York federal judge on Friday to toss the consolidated putative class action, saying the court lacked personal jurisdiction because the events happened overseas and were not directed at the United States.
June 27, 2016
The investors behind four class actions alleging dozens of financial institutions manipulated interbank benchmark rates have sent letters to New York federal judges arguing the U.S. Supreme Court's recent RJR Nabisco decision allows the racketeering claims they leveled in their suits.