March 26, 2020
A New York federal judge on Thursday tossed a sprawling proposed class action accusing Bank of America, Deutsche Bank and a slew of other major banks of engaging in a sequel Libor-rigging conspiracy, saying the allegations amount to speculation and "wishful thinking" about what the banks might have done.
November 13, 2019
Investors defended their massive proposed class action accusing Bank of America, Deutsche Bank and a slew of other major banks of a sequel Libor-rigging conspiracy, telling a New York federal court that their statistics-heavy case paints enough of a plausible picture of price-fixing to move forward.
September 03, 2019
Bank of America, JPMorgan and a host of other bank behemoths want a New York federal judge to let them slip a consolidated suit accusing them of working together to rig the Libor rate, saying the suit is riddled with "manifold" deficiencies.
February 07, 2019
A proposed class action accusing the owner of the New York Stock Exchange of rigging a key benchmark rate will remain walled off from multidistrict litigation over similar issues, at least for now, a New York federal judge said Thursday.
January 16, 2019
A Connecticut bank on Tuesday accused the owner of the New York Stock Exchange of conspiring with some of the world's largest banks to artificially deflate a key financial benchmark after taking over responsibility for the rate setting following a previous price-fixing scandal.