Barclays Plc and Rabobank Groep can be accused of using the London interbank offered rate to gain trading advantages in a lawsuit filed by Eurodollar futures traders alleging banks manipulated the benchmark, a judge ruled.
Investment funds that traded in Eurodollar futures and accused banks of manipulating Libor can revise their lawsuit to add allegations that Barclays Plc and Rabobank Group used the benchmark rate to gain trading advantages.
Apple Inc. reached a settlement with U.S. states and consumers seeking damages over the company’s fixing of electronic book prices, avoiding a July trial in which it faced as much as $840 million in claims.
Apple Inc., Google Inc., Intel Corp. and Adobe Systems Inc. are seeking final approval of a $324.5 million settlement of claims they schemed to not recruit each other’s workers, as one ex-employee is set to tell a judge the companies are getting off too cheaply.
Apple Inc. reached a settlement with U.S. states and consumers seeking damages over the company’s fixing of electronic book prices, avoiding a trial in which it faced as much as $840 million in claims.
R. Allen Stanford, standing trial on allegations he led a $7 billion investment fraud, appeared in an October 2008 video shown to jurors in which he decried “damn greed” on Wall Street as the financial crisis deepened.