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You searched for: libor

Former Barclays Traders Guilty in Libor Case

Summary: Three more former Barclays traders were handed guilty verdicts in the infamous Libor case. A jury Monday found three…

Class Action Suit Filed Against 12 Major Banks by Homeowners over Libor Manipulation

On Monday, the Financial Times reported that homeowners in New York have filed a class action suit against 12 major…

Lawsuit Filed Against US Banks Regarding Libor

Regulators have begun a global investigation into the manipulation of interest rates by big banks. The investigation has led a…

U.S. Law Firms Request $25.2 Million in Legal Fees for Antitrust Litigation Settlement

Two prominent U.S. plaintiffs' law firms, Susman Godfrey and Hausfeld, have petitioned a Manhattan federal judge for $25.2 million in…

Lawyers Score Staggering $787.5M Victory Over Fox in Defamation Case

Fox Corp has settled a $787.5m defamation lawsuit with Dominion Voting Systems over the broadcasting of false claims that Dominion's…

Suicide Bomber Throws Explosive at US Embassy in Montenegro

Summary: A Serbian man died after attempting to throw a bomb over the wall of the US Embassy in Podgorica,…

Citigroup Preparing for $2.7 Billion Legal Fee Bill

Summary: Citigroup released a report on its fourth-quarter Tuesday, citing a $2.7 billion legal bill it faces.  On Tuesday, Citigroup provided…

Major Banks Reporting High Legal Expenses

Summary: As government agencies continue to review evidence against banks for any wrongdoing committed during the financial crisis, these banks…

Second Employee of Deutsche Bank Commits Suicide

Summary: Calogero Gambino, a lawyer for Deutsche Bank, was found hanged in New York City in an apparent suicide as the…

Barclays Bank Fights to Restore Its Reputation

Summary: Barclays Bank reveals challenges it faces to investors and defends itself against allegations in lawsuits worldwide. The Guardian reports…

The Charges are the First Related to Manipulation of U.S. Dollar

Three former Barclay’s employees have been charged by British prosecutors with conspiring to manipulate the benchmark interest rates. Barclays is…

Criminal Defense Growing in Importance: Law Firms Merge to Respond

History shows that criminal defense work was avoided and shunned in the past. In these times where white-collar crimes are…