{"id":5749,"date":"2015-01-30T00:00:00","date_gmt":"2015-01-30T06:00:00","guid":{"rendered":"https:\/\/institutionalinvestorsecuritiesblog.blawgcloud.com\/2015\/01\/libor_manipulation_cases_get_t"},"modified":"2022-05-06T12:17:19","modified_gmt":"2022-05-06T17:17:19","slug":"libor-manipulation-cases-get-t","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/libor-manipulation-cases-get-t\/","title":{"rendered":"Libor Manipulation Cases Get the Green Light from U.S. Courts"},"content":{"rendered":"\n

The U.S. Supreme Court says that bond buyers cannot be made to wait to appeal a decision tossing out their antitrust claims over alleged Libor interest manipulation. The nation\u2019s highest court overturned a ruling that favored Bank of America Corp. (BAC)<\/a>, Barclays PLC (BARC ), Royal Bank of Scotland Group PLC (RBS), and other banks. <\/p>\n

The decision involves antitrust litigation claiming that the biggest banks in the world conspired to manipulate the Libor benchmark interest rate. It was then up to the Supreme Court to decide when a party can appeal a ruling that impacts only certain claims in litigation that has been consolidated.<\/p>\n

The plaintiffs, Linda Zacher and Ellen Gelboim, bought bonds with Libor-linked interest rates. They sued the banks, accusing them of antitrust violations. Their case was consolidated with over five-dozen Libor cases. The consolidated litigation accuses the banks of trying to manipulate the benchmark rate. <\/p>\n

Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

The U.S. Supreme Court says that bond buyers cannot be made to wait to appeal a decision tossing out their antitrust claims over alleged Libor interest manipulation. The nation\u2019s highest court overturned a ruling that favored Bank of America Corp. (BAC), Barclays PLC (BARC ), Royal Bank of Scotland Group PLC (RBS), and other banks. […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[4027],"tags":[],"class_list":["post-5749","post","type-post","status-publish","format-standard","hentry","category-libor-scandal"],"yoast_head":"\nLibor Manipulation Cases Get the Green Light from U.S. Courts — Investor Lawyers Blog — January 30, 2015<\/title>\n<meta name=\"description\" content=\"The U.S. Supreme Court says that bond buyers cannot be made to wait to appeal a decision tossing out their antitrust claims over alleged Libor interest — January 30, 2015\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/libor-manipulation-cases-get-t\/\" \/>\n<meta name=\"twitter:card\" 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