April 22, 2021
The state of Louisiana has a tentative deal to settle the rest of its case accusing units of JPMorgan and other major financial institutions of conspiring to rig prices of bonds issued by government-sponsored enterprises like Fannie Mae and Freddie Mac, setting up a potential conclusion to the litigation after a bruising series of dismissal rulings in Baton Rouge federal court.
April 01, 2021
A Baton Rouge federal judge has further cut down the Louisiana state attorney general's lawsuit alleging big investment houses conspired to rig prices of bonds issued by government-sponsored enterprises like Fannie Mae and Freddie Mac, freeing Barclays and several more financial institutions from the case.
March 31, 2021
A Baton Rouge federal judge has freed units of Stifel Financial and Jefferies Financial from Louisiana's lawsuit alleging Wall Street firms conspired to rig prices of bonds issued by government-sponsored enterprises like Fannie Mae and Freddie Mac, ruling the state blew its last chance to keep them in the case.
July 13, 2020
A Louisiana federal judge ruled Monday that the Pelican State can again amend its suit alleging that Barclays and other big banks conspired to rig prices of bonds issued by government-sponsored enterprises like Fannie Mae and Freddie Mac, mooting a second round of dismissal bids over protestations from banks.
February 25, 2020
Barclays Bank PLC, Jefferies Group LLC and Mizuho Securities USA LLC have urged a Louisiana federal judge to toss the state attorney general office's bid to file a second amended complaint alleging they and other banks rigged the price of bonds issued by government-sponsored entities such as Fannie Mae and Freddie Mac.
January 21, 2020
A Louisiana federal court said Tuesday that a $20 million settlement in a different case allows Goldman Sachs & Co. LLC to exit a suit alleging the Wall Street titan and other major banks rigged the price of bonds issued by government-sponsored entities such as Fannie Mae and Freddie Mac.
January 08, 2020
Barclays urged a Louisiana federal judge to eject it from a state lawsuit alleging that major banks rigged the price of bonds issued by government-sponsored entities such as Fannie Mae and Freddie Mac, arguing the state attorney general can't tie it to the U.S. or the case's specific allegations.
December 18, 2019
Bank of America says it can't be held accountable for the alleged actions of its subsidiary Merrill Lynch in a suit accusing it and other big banks of working together to rig the price of bonds issued by government-sponsored entities such as Fannie Mae and Freddie Mac.
November 26, 2019
Bank of America asked to be excused Tuesday from the Louisiana state attorney general's suit accusing it and several other big banks of rigging the price of bonds issued by government-sponsored entities like Fannie Mae and Freddie Mac.
September 24, 2019
Bank of America and a dozen other big banks worked together for years to rig the price of bonds issued by government-sponsored entities like Fannie Mae and Freddie Mac, Louisiana's attorney general has told a federal court.