February 01, 2024
The Second Circuit declined Thursday to revive antitrust litigation accusing major Wall Street banks of conspiring to rig U.S. Treasury auctions and defend their secondary-market middlemen roles, ruling that the pension funds and other investors behind the case failed to paint plausible pictures of collusion.
March 31, 2022
A New York federal judge ruled Wednesday that a group of investors still hasn't presented direct evidence that Wall Street banks including Goldman Sachs & Co. and Credit Suisse allegedly conspired to manipulate the multitrillion-dollar market for securities issued by the U.S. Treasury Department.
November 05, 2021
Some of Wall Street's biggest names are telling a New York federal judge that their recent win over collusion claims tied to smaller corporate bond trades underscores why they should also be freed from long-running investor litigation accusing them of conspiring to rig U.S. Treasury auctions.
August 05, 2021
Investors suing a group of Wall Street banks including Goldman Sachs and Credit Suisse for allegedly conspiring to manipulate the $14 trillion market for securities issued by the U.S. Treasury Department are fighting to keep their case alive after their initial complaint was dismissed in March.
March 31, 2021
A New York federal judge ruled Wednesday that he has yet to see any direct evidence that Wall Street banks including Goldman Sachs and Credit Suisse conspired to manipulate the $14 trillion market for securities issued by the U.S. Treasury Department.
April 10, 2020
Wall Street banks accused of conspiring to manipulate the $14 trillion market for securities issued by the U.S. Treasury Department have pointed to several recent rulings in antitrust cases they say support tossing multidistrict litigation over the alleged scheme in New York.
May 23, 2018
A group of large Wall Street banks and a trading platform accused of rigging the $13 trillion market for securities sold by the U.S. Treasury Department have asked a New York federal judge to dismiss a lawsuit that alleges the scheme was conducted through two interrelated conspiracies, according to court filings entered Tuesday.
November 16, 2017
A lawsuit accusing 20 of the biggest Wall Street banks of rigging the $13 trillion market for securities sold by the U.S. Department of the Treasury was expanded late Wednesday night with the filing of an amended complaint that alleges two interrelated conspiracies.
August 23, 2017
A New York federal judge on Wednesday appointed three BigLaw firms to serve as lead counsel in multitrillion-dollar litigation accusing Goldman Sachs Group Inc., Barclays Capital Inc. and 18 other financial giants of rigging the $13 trillion market for securities sold by the U.S. Department of the Treasury.