LIBOR-Based Financial Instruments Litigation | Antitrust Case Results | Robins Kaplan LLP Law Firm

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.

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