CRARF.US
id: 470
EURIBOR ANTITRUST (CREDIT AGRICOLE) SETTLEMENT
It is still possible to file a late claim. The court will decide whether to accept late claims or not.
S.D. New York
Court01 Jun 2005
Class period Start31 Mar 2011
Class period End15 Dec 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
Accepting Late Claims
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
15 November 2022
Trades matching type
FIFO
+$55,000,000
Cash Settlement Amount