Investors Fight Banks' Bid To Ax Stock-Loan Antitrust Suit

Law360 (March 6, 2018, 9:24 PM EST) -- A group of investors behind an antitrust suit accusing Goldman Sachs, Morgan Stanley and several other big banks of conspiring to preserve their dominance over the stock loan market told a New York federal court on Friday that these prime broker powerhouses are “dead wrong” to call some of the case’s allegations recycled.

Trading firm Torus Capital LLC and public pension funds including the Iowa Public Employees’ Retirement System defended their proposed class action on Friday against a dismissal bid from the six major prime brokers...
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