Corporate
Apr. 25, 2008
Oakland Says Finance Firms Gouged City
The city of Oakland on Wednesday filed a federal class action antitrust case against 37 financial firms, including Bank of America Corp., J.P. Morgan Chase & Co., and Wachovia Corp., charging that the companies have gouged the city through illegal price fixing and bid rigging.
Daily Journal Staff Writer
This article appears onPage 1
OAKLAND - The city of Oakland on Wednesday filed a federal class action antitrust case against 37 financial firms, including Bank of America Corp., J.P. Morgan Chase & Co., and Wachovia Corp., charging that the companies have gouged the city through illegal price fixing and bid rigging.
The suit, file...
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