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US Court Throws Out Last Libor Collusion Case Against Global Banks
FinanceFeeds· 2025-09-26 21:15
Final Claims DismissedA federal judge has thrown out the last remaining claims in sprawling litigation that accused global banks of conspiring to rig Libor, the benchmark interest rate once tied to hundreds of trillions of dollars in contracts. The decision brings an end to one of the longest-running financial antitrust cases in U.S. history.U.S. District Judge Naomi Reice Buchwald in Manhattan issued a 273-page ruling on Thursday, finding that investors had failed to prove banks colluded to keep Libor arti ...