Yen Libor-Rigging Case Lands Before 2nd Circ. Again

By Jessica Corso

Institutional investors urge the Second Circuit to again revive a lawsuit accusing Bank of America, UBS and others of rigging the interbank borrowing rate for Japanese yen, arguing in a brief Monday that a lower court judge dismissed the case on "obviously erroneous grounds with little (if any) supporting analysis."

 Brief attached | Read full article » | Save to favorites »