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Price-Fixing Foreign Exchanges

Mintz

The Last Remaining FX Defendant Prevails at Trial

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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

Bennett Jones LLP

Ontario Superior Court Narrows Foreign Exchange Class Action

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The Ontario Superior Court's recent decision granting certification in a foreign exchange price-fixing class action (Mancinelli v. Royal Bank of Canada, 2020 ONSC 1646) reminds counsel and stakeholders of: (a) the relatively...more

Hogan Lovells

Antitrust Division ends the year with two trial victories

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Over the last several weeks, the Antitrust Division of the Department of Justice (the Division) obtained two recent trial victories, providing much-needed wins after the October 2018 acquittal of three foreign-exchange...more

Jones Day

ACCC on a Criminal Cartel Warpath: ANZ, Deutsche Bank, Citigroup and Individuals Charged

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Although Australia's Competition and Consumer Act 2010 (Cth) has contained criminal cartel prohibitions since 2009, the Australian Competition and Consumer Commission has now made criminal cartel enforcement one of its top...more

Jones Day

Australia & New Zealand Consumer Law Update

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Highlighting Changes of Interest in Competition and Consumer Law - ACCC Issues Paper on Digital Platforms Inquiry - Summary - In December 2017, the Australian government directed the ACCC to conduct an inquiry into...more

Robins Kaplan LLP

Your daily dose of financial news - The Brief – 8.26.16

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Plaintiffs in the Forex MDL currently in NY federal court argued this week to Judge Lorna Schofield that the 2d Circuit’s recent ruling dismissing some plaintiffs in an aluminium price fixing suit did not apply to rob them of...more

The Volkov Law Group

Antitrust Update: The Aggressive Global Enforcement Network

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Companies face lots of risks – the soup du jour has been anti-corruption enforcement and compliance. Like any consistent restaurant you might visit regularly, one risk continues to grow, quietly and significantly –...more

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