‘The Ben Hur of cartel class actions’: Rate-rigging case comes under attack

Allen & Overy 2020-10-08 6:37 pm By Miklos Bolza | Sydney

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Five investment banks facing a class action for their alleged rigging of foreign exchange rates have slammed the “unclear” and “incredibly vague” case, saying it contains “literally trillions” of possible variations of the cartel agreement allegedly entered into.

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