December 05, 2018
A slew of big foreign banks including BNP Paribas and HSBC Bank plc told a New York federal judge that a proposed class of investors accusing them of manipulating the foreign exchange market for at least six years haven't proven jurisdiction over them.
November 15, 2018
A Manhattan federal judge on Thursday rejected a $9.95 million settlement between Citigroup and a proposed class of investors who say it was among a dozen big banks that allowed fraud to go undetected in wholesale foreign exchange markets, saying she needed to know more.
August 22, 2018
Investors attempting to amend their proposed class action against more than a dozen big banks over the alleged rigging of wholesale foreign exchange markets asked a New York federal judge Tuesday for preliminary approval of a $9.95 million settlement that would resolve claims against Citigroup Inc.
March 15, 2018
A New York federal judge on Thursday tossed an antitrust suit from small-time forex investors against more than a dozen big banks accused of rigging wholesale foreign exchange markets, ruling that the allegations are too vague.
September 29, 2017
Foreign-currency buyers alleging they were indirectly harmed by rate-rigging practices revealed in recent years at some of the world's biggest banks asked a New York federal court Thursday to keep the antitrust suit alive, saying its combination of federal and state claims is valid.
August 14, 2017
More than a dozen big banks accused of rigging wholesale foreign exchange markets asked a New York federal judge on Friday to throw out one of several suits by small-time forex investors, saying the allegations are too vague and repetitive of other cases that have partly settled.
April 28, 2017
JPMorgan Chase & Co., Bank of America Corp. and several other major banks are facing yet another proposed class action for allegedly manipulating the foreign exchange market, after investors who indirectly bought the firms' products sued Friday.