Second Circuit Reinstates Barclays Libor Scandal Securities Suit

By | The D&O Diary | April 28, 2014
While claimants continue to fie private civil actions seeking to recover  damages they claim to have sustained as a result of the Libor manipulation scandal, the fact is that at least up to this point, the plaintiffs have not fared particularly well in the Libor-related civil litigation. View Full Post
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More About Stories We’re Following: Libor Scandal, FIRREA, Chinese Company Securities Suits

By | The D & O Diary | September 25, 2013
More About Stories We’re Following: Libor Scandal, FIRREA, Chinese Company Securities Suits NCUA Files Libor Manipulatoin Antitrust Suit: Even though the federal judge presiding over the consolidated Libor antitrust litigation has granted the defendants’ motion to dismiss the antitrust claims, the federal credit union regulatory agency has filed a new action against Libor rate-setting banks alleging violation of the Sherman Act. View Full Post
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Motion to Dismiss Granted in Barclays Libor-Scandal Securities Suit

By | The D & O Diary | May 14, 2013
Motion to Dismiss Granted in Barclays Libor-Scandal Securities Suit In a May 13, 2013 order (here), Southern District of New York Judge Shira Scheindlin granted defendants’ motion to dismiss the Libor-scandal related securities suit that had been filed against Barclays and two of its former executives following the company’s entry into a massive Libor-related settlement last summer. View Full Post
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