In re LIBOR-Based Financial Instruments Antitrust Litigation. No. 11-md-2262 (NRB) (S.D.N.Y.)
On May 23, 2016, the Second Circuit Court of Appeals held that the Exchange Based Plaintiffs (“Plaintiffs”) had adequately alleged that defendants had engaged in a conspiracy to fix and manipulate the London Interbank Borrowing Rate (“LIBOR”) for US dollars and that this conspiracy had allegedly caused antitrust injury. Gelboim et al v. Bank of America Corp et al, 2nd U.S. Circuit Court of Appeals, No. 13-3565. Again, the firm is one of two Court appointed Co-Lead Counsel for the Plaintiff class.
Again, Persons who transacted in Eurodollar futures and options contracts between January 1, 2003 through December 31, 2012 are urged to save their records or to request their records if they do not have them. For questions, please contact Amanda N. Miller, Esq. (amiller@lshllp.com).