April 29, 2015
Bank of America Corp. will pay $180 million to settle claims in an antitrust class action alleging it was part of a conspiracy to rig the approximately $5 trillion-per-day foreign exchange market, according to a Wednesday securities filing.
April 16, 2015
Bank of America Corp. on Thursday became the third global bank to reach a settlement in an antitrust class action alleging that it was part of a conspiracy to rig the approximately $5 trillion-per-day foreign exchange market, attorneys for the plaintiffs announced.
March 13, 2015
UBS AG on Friday agreed to a $135 million settlement in an antitrust class action alleging that it was part of a conspiracy to rig the approximately $5 trillion-per-day foreign exchange market, attorneys for the plaintiffs announced.
March 10, 2015
The U.S. Department of Justice and investors accusing a slew of major banks of manipulating foreign exchange markets on Monday agreed to a six-month limited pause on discovery that would allow the plaintiffs to proceed with their suit while meeting the DOJ's grand-jury privacy concerns.
February 23, 2015
Investors accusing a slew of major banks of manipulating foreign exchange markets asked a New York federal court Friday to reject the U.S. Department of Justice's bid for a "blanket" discovery stay in favor of a shorter, more limited pause on discovery.
February 18, 2015
The U.S. Department of Justice has asked a New York federal court to halt discovery in an antitrust class action accusing a slew of major banks of manipulating foreign exchange markets because of an ongoing grand jury investigation.
January 30, 2015
JPMorgan Chase & Co. will pay $99.5 million to exit an antitrust class action alleging the bank was part of a conspiracy to rig the approximately $5 trillion-per-day foreign exchange market, according to court documents filed Friday.
January 28, 2015
A federal judge in New York on Wednesday denied a motion to dismiss a U.S.-based class action alleging that Bank of America Corp., Barclays PLC and other banks rigged foreign exchange markets.
January 05, 2015
JPMorgan Chase & Co. in a New York court on Monday said that it had reached a settlement in class action antitrust litigation over allegations that the bank was part of a conspiracy to rig the approximately $5 trillion-per-day foreign exchange market.
July 30, 2014
Investors accusing JPMorgan Chase & Co., Bank of America Corp. and other large banks of manipulating foreign exchange rates on Tuesday pushed back against a collective bid to quash the lawsuits, saying the financial institutions are breezing over the extensive public record documenting the fraud.