Big News: Consolidated Libor-Scandal Antitrust and RICO Claims Dismissed

By | The D & O Diary | April 1, 2013
Big News: Consolidated Libor-Scandal Antitrust and RICO Claims Dismissed

On March 29, 2013, in a ruling that she acknowledged some might find to be “unexpected” in light of the substantial regulatory fines and penalties that some of the defendants have paid, Southern District of New York Naomi Reice Buchwald granted the defendants’ motions to dismiss the antitrust and RICO claims in the consolidated Libor-based antitrust litigation.