Sullivan v. Barclays PLC et al., No. 13-cv-2811

April 18, 2023

On April 18, 2023, the Honorable P. Kevin Castel preliminarily approved Plaintiffs’ proposed settlement with Defendant Société Générale. Pursuant to this settlement, Société Générale has agreed to pay $105,000,000.  If approved, the proposed Settlement with Société Générale would bring the Settlement Class’s total recovery to $651,500,000.

Plaintiffs allege that Société Générale and other defendants manipulated the prices of certain Euribor-based derivatives and financial instruments that reference Euribor. 

The Court further set the date for the settlement conference to be September 7, 2023. Further information on these claims alleging manipulation of Euribor-based derivatives and other financial instruments that reference Euribor may be found at (http://www.euriborsettlement.com/).  Lovell Stewart is Co-Lead Counsel for the Class. Please contact Benjamin M. Jaccarino, Esq. (bjaccarino@lshllp.com) for more information.