Monday, April 28, 2014

Barclays loses a LIBOR case at the 2nd Circuit

Reuters reports that the 2nd Circuit Court of Appeals reversed a SDNY court decision and allowed a shareholder suit against Barclays related to LIBOR manipulation to move forward. A copy of the decision can be seen here and the notice from plaintiff's counsel, Robbins Geller, can be accessed here. Will this case be appealed to SCOTUS? 

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