Entries by kentrecovery

US Banks Escape Bond Price-Fix Suit

Law360 (March 25, 2020, 9:38 PM EDT) — A New York federal judge has released several American banks and affiliates of some of the world’s largest financial institutions, including Barclays PLC, Citigroup Inc. and TD Securities, from a proposed class action by investors accusing them of rigging the market for bonds issued by foreign governments. […]

Cisco Objects As $63M Capacitor Deals Exclude Foreign Buys

Law360 (March 27, 2020, 3:51 PM EDT) — Tech conglomerate Cisco Systems Inc. said Thursday it will challenge the latest round of settlements that capacitor makers have struck to exit buyers’ sweeping price-fixing litigation playing out in San Francisco federal court, as the deals bar purchasers from recouping damages over capacitors bought abroad. In the […]