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Antitrust Claims Dismissed From LIBOR Suit; Commodity Manipulation Claims Survive

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NEW YORK - A federal judge in New York on March 28 dismissed federal antitrust claims brought by over-the-counter, bondholder, exchange-based and Charles Schwab plaintiffs against 16 banks involving alleged manipulation of the London InterBank Offered Rate (LIBOR), an interest rate benchmark (In re: LIBOR-Based Financial Instruments Antitrust Litigation, No. 11 MD 2262, S.D. N.Y.; 2013 U.S. Dist. LEXIS 45909)....(read more)

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