2nd Circ. Upholds Dismissal Of Libor Rigging Claims

By Sydney Price ( September 15, 2025, 9:47 PM EDT) -- The Second Circuit on Monday affirmed the dismissal of investor lawsuits alleging multiple global banks, including UBS and Lloyds Bank, conspired to rig the benchmark interest rate Libor, which is tied to the British pound, finding the plaintiffs never showed they actually lost money from the alleged manipulation....

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