Barclays and RBS among banks hit by £1bn forex rigging lawsuit


Barclays and the Royal Bank of Scotland (RBS) are among five banks targeted in a £1 billion class action lawsuit over forex rigging that was filed today through the Competition Appeal Tribunal (CAT) as a collective action.

Read More
courthouse marble columns

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).

Read More
stock chart

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.

Read More
lawyers desk view

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.

Read More
courthouse marble columns

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.

Read More
modern office view

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.

Read More
glass globe resting on a laptop

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.

Read More
3D cubes arranged in a 3 by 4 grid with on askew

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.

Read More
judges gavel and legal scales

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.

Read More
person reading the news on a tablet

Vodafone Hits Visa, MasterCard With UK Swipe Fee Suit


Vodafone and its affiliates allege that the merchant service charges they’re required to pay for each Visa and MasterCard credit and debit card transaction have been “material times higher” than they should be.

Read More