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Seven big banks settle U.S. rate-rigging lawsuit for $324 million

NEW YORK (Reuters) – Seven of the world’s biggest banks have agreed to pay $ 324 million to settle a private U.S. lawsuit accusing them of rigging an interest rate benchmark used in the $ 553 trillion derivatives market.

Reuters: Business News

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CA judge rejects $324 million Google, Apple class action settlement as too low

SAN FRANCISCO (Reuters) – Four Silicon Valley companies including Apple and Google failed to persuade a U.S. judge to sign off on a $324.5 million settlement to resolve a lawsuit by tech workers, who accused the firms of conspiring to avoid poaching …

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