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In re Foreign Exchange Benchmark Rates Antitrust Litigation

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Case Number:

1:13-cv-07789

Court:

New York Southern

Nature of Suit:

Anti-Trust

Multi Party Litigation:

Class Action

Judge:

Lorna G. Schofield

Firms

Companies

Government Agencies

Sectors & Industries:

  1. October 15, 2019

    Forex Fee Objector's $300K Deal Gets No Support In NY Court

    Signing off on a settlement that would see a lone objector drop his opposition to a $300 million attorney fee award in exchange for a slice of the pie would set a bad precedent, a New York federal judge has ruled.

  2. October 09, 2019

    Objector Drops Opposition To $300M Fee Award In Forex Case

    Investors who have inked $2.3 billion in settlements with big banks over the alleged rigging of foreign exchange markets told a New York federal court Wednesday that the lone objector to a $300 million attorneys fee award has agreed to drop his opposition.

  3. September 04, 2019

    Investors Land Partial Certification In Forex Suit

    A New York federal judge has handed investors a partial win in litigation claiming banks fixed the foreign exchange market, certifying a limited class action to determine if there was a plot against some market participants.

  4. August 30, 2019

    Investors Can Ask To Depose UK Traders In Forex Suit

    Investors claiming that several big banks fixed the foreign exchange market will be allowed to ask British courts for help in deposing three London-based traders as the investors go after Credit Suisse, the only bank yet to settle, a New York federal judge ruled.

  5. August 09, 2019

    Investors Want UK Traders To Testify In Last Leg Of Forex Suit

    Investors that have secured $2.3 billion in settlements over claims that big banks plotted to rig the foreign exchange markets are seeking testimony from three United Kingdom traders as they take aim at Credit Suisse, the only bank yet to settle.

  6. March 01, 2019

    Objector To $300M Forex Fee Award Must Post Appeal Bond

    A New York federal judge has ordered that an objector to a $300 million attorney fees award in sprawling litigation that claims 15 banks plotted to rig benchmarking rates in the foreign exchange markets must post a bond for the appeal.

  7. January 18, 2019

    Forex Suit $300M Fee Objector Slams Class' Appeal Bond Bid

    The lone objector to $300 million in attorneys' fees granted in relation to $2.3 billion in settlements with banks over alleged benchmarking rate rigging in the foreign exchange markets has hit back at an investor class' bid to require a $1.4 million bond while he appeals the award, telling a New York federal judge Friday that the request is unnecessary and burdensome.

  8. January 10, 2019

    Forex Investors Want $300M Fee Objector To Post Bond

    An investor class that has secured $2.3 billion in settlements over claims that 15 banks plotted to rig benchmarking rates in the foreign exchange markets told a New York federal court that the lone objector to the $300 million attorneys' fees award should have to post bond.

  9. December 07, 2018

    2nd Circ. Asked To Hear Appeal Of $300M Fees In Forex Deal

    The Second Circuit has been asked to hear an appeal of a New York federal court ruling awarding more than $300 million in attorneys' fees to the firms representing an investor class in securing $2.3 billion in settlements over claims 15 banks plotted to rig benchmark exchange rates in the foreign exchange markets.

  10. November 08, 2018

    Forex Counsel Awarded $300M In Fees For $2.3B Deal

    A New York federal judge on Thursday awarded more than $300 million in attorneys' fees to the firms representing an investor class in securing $2.3 billion in settlements over claims that 15 banks colluded to rig benchmark exchange rates in the foreign exchange markets.

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