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Market Manipulation Banks Foreign Banks

McDermott Will & Emery

Section 1 Claims Dismissed in LIBOR, TIBOR Class Action

McDermott Will & Emery on

On March 28, 2014, Judge Daniels of the Southern District of New York dismissed antitrust and unjust enrichment claims against over 20 banks accused of manipulating prices in the Euroyen interbank lending market by submitting...more

Robins Kaplan LLP

Global Investigation of Manipulation of Benchmark Foreign Exchange Rates Focuses on Chat Group of Top Bank Traders

Robins Kaplan LLP on

Competition authorities around the world are investigating whether banks manipulated WM/Reuters rates, which are used as a benchmark for foreign exchange (“FX”) rates for trillions of dollars of investment transactions. ...more

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