Deutsche Bank has agreed to a preliminary settlement of $190 million in a class action suit over foreign exchange rate price-fixing allegations against some of the world’s biggest financial institutions.
According to Hausfeld, which has handled the suit In re Foreign Exchange Benchmark Rates Antitrust Litigation, 13-cv-07789, on behalf of plaintiffs, if the settlement is approved by U.S. District Judge Lorna G. Schofield of the Southern District of New York, Deutsche Bank’s settlement would bring the total in the suit to over $2.3 billion.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
