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Representing Investment Manager Alleging Conspiracy Among World’s Largest International Banks to Fix Prices of LIBOR
In re: LIBOR-Based Financial Instruments Antitrust Litigation, 11-md-02262 (S.D.N.Y.)
(Current Representation) Robins Kaplan represents an investment management company that holds financial instruments with provisions to receive interest payments at rates indexed to British Bankers’ Association London Interbank Offered Rate (“BBA LIBOR”) benchmark rates set by defendant banks. Plaintiffs allege that defendants, who are panel bank members that report Intercontinental Exchange (“ICE”) LIBOR rates daily for the benchmark’s calculation, conspired to suppress those rates between August 2007 through at least 2011. The case is ongoing before the trial court.
Past results are reported to provide the reader with an indication of the type of litigation we practice. They do not and should not be construed to create an expectation of result in any other case, as all cases are dependent upon their own unique fact situation and applicable law.
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If you are interested in having us represent you, you should call us so we can determine whether the matter is one for which we are willing or able to accept professional responsibility. We will not make this determination by e-mail communication. The telephone numbers and addresses for our offices are listed on this page. We reserve the right to decline any representation. We may be required to decline representation if it would create a conflict of interest with our other clients.
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