Judge certifies OTC Libor class but denies others

Charles McConnell

02 March 2018

Judge certifies OTC Libor class but denies others

Credit: iStock/JoeDunckley

A federal judge in New York has agreed to certify a class of investors that directly transacted with defendants, but declined to grant certification to two other classes in the long-running antitrust case over alleged manipulation of the London Interbank Offered Rate.