The Firm Archives - Page 3 of 4

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.

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.

Scott+Scott responds to Sherman Joyce’s Law360 guest article, “Gov’t Opioid Suits Hide Attorney’s Personal Interests.”

New York’s banking regulator said Tuesday that Standard Chartered Bank will pay $40 million to resolve claims that it participated in a scheme to rig foreign exchange benchmark rates.

Banks Accused Of Rigging Libor After Post-Scandal Overhaul

Putnam Bank accuses the owner of the New York Stock Exchange of conspiring with some of the world’s largest banks to artificially deflate a key financial benchmark.

Kodak Takes Antitrust Row With Goldman, Others To UK

Eastman Kodak Co. units file a claim in the High Court of Justice of England and Wales against Goldman Sachs, Glencore and others with a lawsuit accusing them of manipulating aluminum prices.

Swipe Fee Ruling Opens Visa, MasterCard To Wave Of Claims

Three senior Court of Appeal judges ruled that Visa Inc. and MasterCard Inc. set the swipe fees, also known as interchange fees — the bank-to-bank charges levied on each credit card purchase — at an unlawful level that restricted competition.

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