Author: Christine Schiffner - Page 10

Barclays, JPMorgan Face UK Forex-Rigging Class Action

Five banks sued in a UK antitrust court by investors over allegations that they manipulated the global foreign exchange market in a US-style class action seeking more than £1 billion ($1.2 billion).

Five banks face civil lawsuit in London over forex dealing

Scott+Scott files European version of a class-action lawsuit that resulted in $2.3 billion of settlements in the US Claim dealers manipulated FOREX markets and caused investors losses on currency trades.

EU FINES FIVE BANKS €1.1BN OVER FOREIGN EXCHANGE CARTEL

Brussels has fined banks €1.07 billion for participating in cartels to manipulate the foreign exchange market for 11 currencies. Lawyers for investors in the US civil case have been waiting for the ruling to launch the European leg of claims.

EU fines Barclays, Citi, JP Morgan, MUFG and RBS $1.2 billion for FX rigging

Barclays, Citigroup, JP Morgan, MUFG, and Royal Bank of Scotland were fined a combined €1.07 billion ($1.2 billion) by the European Union for rigging the multi-trillion-dollar foreign exchange market.

UK banks fined €1bn by EU for rigging foreign exchange market

Five banks have been fined more than €1 billion (£875 million) by the European Union for rigging the multi-trillion-dollar foreign exchange market. European Commission says decision shows ‘collusive behaviour will not be tolerated.

Big Banks Fined by EU for Foreign-Exchange Market Misconduct

European Union authorities on Thursday fined five global banks a total of €1.07 billion ($1.2 billion) for manipulating the foreign-currency market by exchanging sensitive information and trading plans through online chat rooms to gain financially.

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Scott, Lowey Take Lead Spot In Bond Price-Fix Suit

Scott+Scott Attorneys at Law LP and Lowey Dannenberg PC to head up a proposed class action on behalf of investors who say major banks plotted for several years to fix Fannie Mae and Freddie Mac bond prices.

Scott+Scott launches in Amsterdam

Scott+Scott opens an office in the Netherlands as it seeks to address client concerns about the effect of Brexit on competition litigation.

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Scott+Scott Expands International Footprint with Amsterdam Office

Scott+Scott announces the opening of Scott+Scott Europe BV in Amsterdam, continuing its global expansion.

Scott+Scott Announces Class Action Suit on Behalf of R-CALF USA

Scott+Scott files a class action lawsuit in federal district court in Chicago alleging the nation’s four largest beef packers violated US antitrust laws by unlawfully depressing the prices paid to American ranchers.