CRARF.US
id: 470
EURIBOR ANTITRUST (CREDIT AGRICOLE) SETTLEMENT
S.D. New York
Court06/01/2005
Class period Start03/31/2011
Class period End12/15/2022
Claim deadlineCrédit Agricole S.A. agreed to pay $55 million to settle a class action lawsuit to avoid further litigation.
The complaint alleged that Crédit Agricole S.A. and Crédit Agricole CIB conspired to manipulate and manipulated the Euro Interbank Offered Rate (“Euribor”) and the prices of Euribor Products.
All Persons who purchased, sold, held, traded, or otherwise had any interest in Euribor Products from June 1, 2005 through and including March 31, 2011, who were either domiciled in the United States or its territories or, if domiciled outside the United States or its territories, transacted in Euribor Products in the United States or its territories from June 1, 2005 through and including March 31, 2011, including, but not limited to, all Persons who traded CME Euro currency futures contracts, all Persons who transacted in NYSE LIFFE Euribor futures and options from a location within the United States, and all Persons who traded any other Euribor Product from a location within the United States, can be entitled to the payout.
Case Status
Disbursement
Alleged Offence
Other
Suspected Party
Other
Security Type
Interest Rate
Trade Direction
Long
Plaintiffs
Stephen Sullivan, White Oak Fund LP, California State Teachers’ Retirement System, Sonterra Capital Master Fund, Ltd., Frontpoint Partners Trading Fund, L.P. , Frontpoint Australian Opportunities Trust
Attorneys
Lowey Dannenberg, P.C., Lovell Stewart Halebian Jacobson LLP
Administrator
A.B. Data Ltd
Court hearing date
11/15/2022
Trades matching type
FIFO
Disbursement date
07/23/2024
+$55,000,000
Cash Settlement Amount