Introduction -
Class Plaintiffs in the case of In re Foreign Exchange Benchmark Rates AntiTrust Litigation alleged that Defendant banks conspired to fix prices in the foreign exchange (“FX”) market in violation of Sections 1...more
4/6/2023
/ Antitrust Provisions ,
Antitrust Violations ,
Banks ,
Competition ,
Credit Suisse ,
Enforcement Actions ,
Fifth Amendment ,
Financial Markets ,
Foreign Currency ,
Foreign Exchanges ,
Investment ,
Investors ,
Popular ,
Price-Fixing ,
Sherman Act
On November 1, 2019, the United States Court of Appeals for the Second Circuit issued a summary order rejecting the appeal of an objector to the Foreign Exchange Antitrust Settlement. A few weeks earlier, U.S. District Court...more
First there was Libor. Next came credit default swaps and foreign exchange. Now, highlighted by the over $2 billion settlement reached in the Foreign Exchange Antitrust Litigation, plaintiffs are pursuing a number of...more
As we have mentioned previously, in the wake of Morrison v. National Australia Bank, securities plaintiffs are no longer able to assert claims under the U.S. securities laws to recover potential losses for transactions that...more