Sonterra Capital Master Fund, Ltd. v. Barclays Bank PLC et al, 1:15-cv-03538-VSB

On June 1, 2023, the Honorable Vernon S. Broderick preliminarily approved Plaintiffs’ proposed settlement with Deutsche Bank AG

The Settlement Class is defined as:

All Persons or entities that transacted in a Sterling LIBOR-Based Derivative at any time from January 1, 2005 through at least December 31, 2010 (“Class Period”), provided that, if Representative Plaintiffs expand the Class in any subsequent amended complaint, class motion, or settlement, the defined Class in this Agreement shall be expanded so as to be coterminous with such expansion. Excluded from the Settlement Class are the Defendants and any parent, subsidiary, affiliate or agent of any Defendant or any co-conspirator whether or not named as a Defendant, and the United States Government.

Further information on these claims alleging manipulation of Sterling LIBOR based derivatives will be posted on www.sterlingliborsettlement.com. Lovell Stewart is Co-Lead Counsel for the Class. Please contact Benjamin M. Jaccarino, Esq. (bjaccarino@lshllp.com) for more information.