In Re: Libor-Based Financial Instruments Antitrust Litigation

Track this case

Case Number:

1:11-md-02262

Court:

New York Southern

Nature of Suit:

Anti-Trust

Multi Party Litigation:

Class Action, Multi-district Litigation

Judge:

Naomi Reice Buchwald

Firms

Companies

Government Agencies

Sectors & Industries:

March 01, 2018
OTC Investors Win Class Cert. On Libor Antitrust Claims

A New York federal judge on Wednesday allowed over-the-counter investors to pursue antitrust claims against two major banks as a class in multidistrict litigation alleging Libor manipulation, while refusing to certify proposed classes of exchange-based investors and U.S. lenders.
February 27, 2018
Deutsche Inks $240M Deal To Settle Libor-Rigging Row

A New York federal court was asked Tuesday to give initial approval to a $240 million deal Deutsche Bank AG struck to exit litigation by investors alleging it conspired with other financial giants to manipulate the London Interbank Offer Rate, the third major bank to settle.
January 23, 2018
$250M Citi, Barclays Libor Deals Look Worthy, Judge Says

A Manhattan federal judge said Tuesday that she anticipates approving $250 million of proposed payments by Citigroup Inc. and Barclays Bank PLC to exit litigation by investors who say the two megabanks are part of a group that unlawfully manipulated the London Interbank Offered Rate.
January 18, 2018
Atty Fees For Berkshire Bank CEO's Son Concern Libor Judge

A Manhattan judge expressed unease Thursday over the failure of Berkshire Bank to disclose that the son of its CEO Moses Krausz is a lawyer with a direct stake in the lender's effort to lead a class targeting four megabanks for allegedly rigging the global London Interbank Offered Rate.
January 17, 2018
Lenders Cut $27M Deal With Citi, HSBC In Libor Rigging Suit

A proposed class of U.S. lenders told a New York federal judge on Tuesday they have reached separate settlements with Citigroup and HSBC totaling $27 million to resolve their claims in a sprawling multidistrict litigation over an alleged conspiracy to rig London Interbank Offered Rate.
January 10, 2018
Investors Push Back On Objection To $130M Citi LIBOR Deal

A group of investors on Tuesday pressed for final approval of their $130 million deal settling class action claims against Citigroup stemming from allegations that the London Interbank Offered Rate was manipulated, telling a New York federal court that the only objector to the settlement doesn't actually have standing to object.
January 04, 2018
Objector To $130M Citi Libor Deal Pegs Damages At $24B

Citigroup Inc.'s proposed $130 million settlement of a class action over its manipulation of the London Interbank Offered Rate has drawn an objection from the Virgin Islands Public Finance Authority, which seeks a better deal because it claims the damages are around $24 billion.
November 16, 2017
$120M Barclays Deal Attys Reduce Fee Request By $8M

Lawyers who sought 30 percent of a $120 million settlement they struck with Barclays PLC for investors who accused the bank of manipulating the London Interbank Offered Rate told a New York federal judge on Wednesday that they'd accept just 20 percent of the settlement pot for now after she raised questions about the payout.
November 06, 2017
Banks Fight OTC Class Cert. In Libor-Rigging MDL

Several banks ensnared in multidistrict litigation over allegations they conspired to fix the London Interbank Offered Rate benchmark urged a New York federal judge on Friday to deny a class certification bid from a group of over-the-counter investors, arguing that the new representative shows why no class should be certified.
October 12, 2017
Investors Want $152M In Libor Settlements Approved

Exchange-based investors told a New York federal judge on Wednesday that they want approval of $151.9 million in settlements reached with several banks in multidistrict litigation that alleges a sprawling scheme to manipulate the London Interbank Offered Rate benchmark.

← Previous
1
2
3
4
5
6
7
8
9
…
Next →