Barclays $120M 'Ice-Breaker' Libor Class Deal Clears Hurdle
By Pete Brush ( December 22, 2016, 12:18 PM EST) -- A Manhattan federal judge on Wednesday preliminarily approved a $120 million deal between Barclays Bank plc and investors who purchased its financial products tied to the London Interbank Offered Rate, noting that the settlement contains a vow from the British banking giant to assist class members in their pursuit of other alleged rate manipulators....
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