Big Banks Slam Class Cert. Nod In Stock Loan Antitrust Suit

By Sarah Jarvis ( September 13, 2022, 9:24 PM EDT) -- Major banks including JPMorgan and Goldman Sachs have slammed a federal magistrate judge's recommendation for the partial certification of a proposed class of investors accusing them of colluding to kill competition in the stock loan market, arguing the judge "abrogated the court's responsibility to rigorously analyze the evidence."...

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