FRT Insights

Antitrust Case Spotlight: LIBOR Eurodollar

September 4, 2020

Antitrust Case Spotlight: LIBOR Eurodollar

This settlement addresses the Exchange-Based Plaintiffs, who transacted in Eurodollar futures contracts and options on Eurodollar futures, for suing various banks claiming that the banks individually and collectively manipulated U.S. Dollar LIBOR to benefit their trading positions and engaged in the suppression of LIBOR. 

Important dates and deadlines

  • Settlement Class Period: January 1, 2003 – May 31, 2011
  • December 1, 2020: Claims Filing Deadline – deadline for submitting Claim Forms
  • September 17, 2020: Fairness Hearing
  • August 27, 2020: Opt-Out Deadline

 

Host: Andrew Lasky, Product Marketing Manager, Financial Recovery Technologies https://www.linkedin.com/in/andrew-lasky-bb2ba579/

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