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Case Spotlight: Gold Fixing Antitrust

On December 8, 2020, HSBC petitioned the Court to preliminarily approve a $42 million agreement to settle class action claims that it conspired with several other banks to fix the price of the gold market. HSBC joins Deutsche Bank, who in 2016 reached a $60 million settlement, bringing the total settlement pool to $102 million.   The lawsuit, filed in 2014, Continue Reading

Case Spotlight: Bank Bill Swap Rate (BBSW) Antitrust

On March 22, 2021, Australia And New Zealand Banking Group (ANZ) and Commonwealth Bank of Australia (CBA) announced that they had separately reached agreements to settle a class action alleging that the banks conspired to manipulate BBSW-Based Derivatives. The lawsuit, filed in the US in 2016, alleges that during the period of January 1, 2003 – December 31, 2012, each Continue Reading

Case Spotlight: SSA Bonds Antitrust Litigation – Claim Filing Deadline Announced for $95.5M Settlement

On July 16, 2020, a Manhattan federal judge preliminarily approved a $95.5 million settlement that investors reached with Deutsche Bank, Bank of America and HSBC in a suit alleging the banks rigged the market for bonds issued by foreign governments. The Court recently announced a claim filing deadline of April 16, 2021 for impacted investors to file claims and recover Continue Reading

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avatar for Andrew LaskyAndrew Lasky

Product Marketing Manager

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VP of Marketing

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SVP, Worldwide Litigation

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