Major banks seek summary judgment in FX benchmark rate fixing lawsuit
HSBC, Barclays, JPMorgan Chase, NatWest Markets, UBS, BofA, and Citi push for summary judgment in their favor.
HSBC, Barclays, JPMorgan Chase, NatWest Markets, UBS, BofA, and Citi push for summary judgment in their favor.
The New York Southern District Court has issued a final judgment in a lawsuit accusing JPMorgan of spoofing the US treasury futures market.
Judge nixes a motion to dismiss by former JPMorgan traders Gregg Smith, Michael Nowak, Christopher Jordan, and Jeffrey Ruffo.
The settlement provides for a $60 million cash payment to eligible Class Members impacted by JPMorgan’s manipulation.
To date JPMorgan and Tesla have not had meaningful settlement discussions in a lawsuit about Elon Musk’s tweets.
The settlement provides for a $15.7 million cash payment to eligible Class Members impacted by JPMorgan’s alleged market manipulation.
This case concerns the impact of an alleged conspiracy among banks to fix prices in the FX market on consumers’ foreign currency purchases.
JPMorgan has responded to the Counterclaim filed by Tesla, Inc. in a lawsuit evolving around an Elon Musk tweet from August 2018.
J.P. Morgan has entered into an agreement with Viva Wallet and its shareholders to acquire an ownership stake of approximately 49%.
This is a breach of contract action to recover over $162 million allegedly due and payable by Tesla to JPMorgan.