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US law firms prepare to sue London banks for forex rigging
Add BT as a preferred sourcePublished Wed, Aug 19, 2015 · 09:50 PM
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New York
AMERICAN law firms are lining up to sue banks in London - the next act in the foreign exchange rigging scandal that saw a US$2 billion lawsuit settlement in New York.
Scott & Scott LLP, a US-based law firm that has been talking to institutional investors to quantify the potential civil damages, said it is opening a London office to capitalise on UK suits that might be filed as early as the fall.
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