Rate-Swap Class Plaintiffs Paint Big-Dollar Damages Picture
By Pete Brush ( May 23, 2017, 5:52 PM EDT) -- A Manhattan federal judge sought Tuesday to assess the size of a potential class action alleging a dozen megabanks including Goldman Sachs Group Inc. and Bank of America Corp. colluded to block startup trading platforms from entering the giant market for interest rate swaps, after a plaintiffs-side lawyer alluded to potential billion-dollar damages....
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