Litigation
Sep. 6, 2014
Suit over credit default swap market to proceed
A lawsuit that alleging a dozen major banks including Goldman Sachs and Bank of America fixed prices and limited competition in the credit default swap market can proceed, a federal judge in New York ruled Thursday.
Daily Journal Staff Writer
A lawsuit alleging a dozen major banks including Goldman Sachs and Bank of America fixed prices and limited competition in the credit default swap market can proceed, a federal judge in New York ruled Thursday.
The plaintiffs include investors like Salix Capital US Inc., along with public pension funds like the Los Angeles County Employees Retirement Association. The fund and others are represented b...
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