Q&As

Are there any previous, ongoing or anticipated class actions in the UK or the US regarding the settlement by UK Banks related to the foreign exchange manipulation case?

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Published by a LexisNexis Dispute Resolution expert
Published on: 03 February 2017
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We refer you to the following news articles which may be of assistance:

  1. •

    on 10 February 2014, we reported on US banks facing potential Class actions from pension Funds for alleged foreign exchange manipulation. This was also reported by the Financial Times in an article published on 9 February 2014, which noted that the Newport News Employees Retirement Fund had filed a class action complaint against seven banks (Citigroup, Deutsche Bank, RBS, HSBC and UBS).

  2. •

    on 20 September 2016, it was reported that a US Judge

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Jurisdiction(s):
United Kingdom
Key definition:
Class action definition
What does Class action mean?

A legal action under which a group of people who claim they have been adversely affected sue the alleged perpetrator collectively.

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