SUBSCRIBERS
US judge dismisses most of Euribor-rigging lawsuit
Add BT as a preferred sourcePublished Wed, Feb 22, 2017 · 09:50 PM
DeeperDive is a beta AI feature. Refer to full articles for the facts.
New York
A US judge on Tuesday dismissed most of an investor lawsuit accusing several major banks of conspiring to manipulate the benchmark European Interbank Offered Rate, or Euribor, and related derivatives.
In a 100-page decision, US District Judge Kevin Castel in Manhattan said that several claims in the proposed class action must fail because of a lack of evidence that the defendants conspired to restrain trade or because they involved foreign conduct.
Share with us your feedback on BT's products and services
