In re Libor Based Financial Instruments Antitrust Litigation No. 1:11-MD-2262 (NRB)
October 7, 2014
On October 7, 2014, Lovell Stewart reached a $19,975,000 ice-breaker settlement with Barclays Bank PLC over its unlawful manipulation of U.S. Dollar LIBOR, a key benchmark interest rate. Barclays is one of 16 defendant banks in the class action litigation pending in federal court in New York. Class members should save records of transactions of Eurodollar futures contracts and options from January 2005 – May 2010. Lovell Stewart is Co-Lead Counsel for the Plaintiff Class. For more information, please contact Amanda N. Miller, Esq.
