Big Banks Hit With Forex Price-Fixing Class Action

Download our plug-in for Chrome to get customizable, real-time news alerts. It is believed these employees may have lost money in their k plans as a result of the Forex scandal. COM -- Former U. Bloomberg Seven banks including Bank of America Corp. Defendants deny that the allegations made against them in the lawsuit have merit. Sotos LLP is one of three firms representing the plaintiff class.

Forex Manipulation Lawsuit Investigation. February 4, plans as a result of the Forex scandal. What You Can Do We work closely with class action and mass tort attorneys across the country and help with investigations into corporate wrongdoing.

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Foreign Exchange Manipulation Updates

A class action lawsuit seeking $1 billion in damages on behalf of Canadian investors. The Foreign Exchange Manipulation class actions allege that the defendants conspired to manipulate the prices of currency trades for at least a ten-year period, resulting in billions of dollars in illegal gains. Bank Of New York Mellon Corp. Securities Fraud Litigation FOREX Manipulation Class Action. Big Banks Hit With Forex Price-Fixing Class Action. By John Kennedy. Of those five banks, only UBS was able to avoid a guilty plea to criminal charges of alleged forex manipulation.