Sibor Price-Fixing Suit, Related $21M Settlement Tossed

By Darcy Reddan ( July 26, 2019, 8:08 PM EDT) -- A New York federal court on Friday dismissed a suit accusing a slew of financial institutions of conspiring to fix interbank rates in the Singapore market, finding that the company behind the suit did not have the right to bring such claims and that a related $21 million settlement should be tossed....

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