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In re Foreign Exchange Benchmark Rates Antitrust Litigation

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Case Number:

1:13-cv-07789

Court:

New York Southern

Nature of Suit:

Anti-Trust

Multi Party Litigation:

Class Action

Judge:

Lorna G. Schofield

Firms

Companies

Government Agencies

Sectors & Industries:

  1. August 31, 2022

    Credit Suisse Loses Bid To Decertify Class In Forex Case

    A New York federal court on Wednesday refused to decertify a class of investors accusing Credit Suisse and other banks of manipulating foreign exchange markets, ruling that Credit Suisse's request is, at its essence, an untimely request for reconsideration, not a timely motion for decertification.

  2. August 26, 2022

    Credit Suisse Says Gender Bias Case No Help For Forex Class

    Credit Suisse is continuing to push its bid to upend the certification of a class alleging more than a dozen banks manipulated foreign exchange markets, pointing a New York federal court to a recent ruling restricting the class in a case accusing Goldman Sachs of systemic gender bias.

  3. May 16, 2022

    Forex Investors Fight Credit Suisse Bid To Upend Class Cert.

    Investors pushed back against a bid from Credit Suisse to decertify a class in a long-running suit in New York federal court, as a scheduled October trial looms on allegations of a conspiracy among more than a dozen banks to manipulate foreign exchange markets.

  4. April 25, 2022

    Credit Suisse Wants Forex Price-Fixing Class Decertified

    Credit Suisse has asked a New York federal judge to decertify a class of investors in a nearly decade-old suit over an alleged conspiracy by 16 banks to manipulate foreign exchange markets using chat rooms.

  5. February 01, 2022

    Credit Suisse Can't Beat Forex Price-Fixing Suit Before Trial

    A New York federal judge on Tuesday denied dueling summary judgment bids filed by a class of investors and Credit Suisse in litigation over an alleged conspiracy by 16 banks to manipulate foreign exchange markets using chat rooms, sending the 9-year-old case to a jury trial.

  6. September 16, 2020

    Court Quashes Forex Investors' NY Agency Doc Request

    New York's banking regulator will not have to hand over documents requested by investors accusing Credit Suisse AG of manipulating foreign exchange benchmarking rates, after a federal judge quashed a subpoena the agency attacked as a "fishing expedition."

  7. September 15, 2020

    Investors Defend Doc Request To NY Agency In Forex Case

    Investors accusing Credit Suisse AG of foreign exchange market manipulation have defended a request for documents from New York state's banking regulator, saying their subpoena came after trying for nine months to obtain the material under the state's Freedom of Information Law.

  8. September 08, 2020

    NY Agency Rips 15M-Page 'Fishing Expedition' In Forex Case

    New York state's banking regulator told a Manhattan federal judge Tuesday that investors accusing Credit Suisse of foreign exchange market manipulation are improperly seeking millions of pages of documents from the agency that they could just as easily get from the bank itself.

  9. March 17, 2020

    Pandemic May Disrupt Discovery In Credit Suisse Forex Case

    Counsel for investors and Credit Suisse cited the COVID-19 pandemic Monday when they asked a New York federal judge to push their discovery deadlines in a suit over alleged foreign exchange market manipulation by nine weeks.

  10. March 02, 2020

    Investors Can Seek UK Trader's Testimony In Forex Suit

    Investors can seek testimony from a U.K.-based former foreign exchange market trader in their bid to tie Credit Suisse to an alleged conspiracy among several big banks to fix foreign exchange spreads and manipulate prices, a New York federal judge said Monday.

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