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Banks Ask 2nd Circ. To Keep ERISA Forex-Rigging Suit Dead

By Jack Newsham (March 13, 2017, 7:33 PM EDT) -- Banks that were accused by thousands of retirees of violating the Employee Retirement Income Security Act after it was revealed that they manipulated key foreign exchange rates asked the Second Circuit on Friday not to resuscitate the would-be class action, saying the lower court had correctly concluded that the banks weren't responsible for the retirement plans under that law....

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