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Antitrust & Trade Reg.

Sep. 15, 2015

Settlement worth nearly $2 billion reached with banks in antitrust class action

Pension investment funds, including a Los Angeles County fund for public employees, claimed that some of the world's largest investment banks colluded to fix prices in the credit default swaps market.


By Gautham Thomas


Daily Journal Staff Writer


Attorneys with Quinn Emanuel Urquhart & Sullivan LLP and Pearson Simon & Warshaw LLP
were at the epicenter of a momentous settlement Friday, as a host of the world's largest
investment banks agreed to pay $1.87 billion to settle a pending antitrust class action
alleging that they conspired to block competition in the market for cre...

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