id: 542, Created by Stan Vick, Scout
SIBOR | SOR Based Derivatives Settlements
How it works?
- Company agreed to pay compensation to its investors, to avoid further litigation
- We help you to prepare documents and file for compensation
Claim deadline for this case already passed by, but we can still try and file for compensation for you
S.D. New YorkCourt
1:16-cv-5263 (AKH)Case number
01 Jan 2007Class period Start
31 Dec 2011Class period End
20 Jan 2023Claim deadline
The Group of Major Banks agreed to pay up to $155.5 million to settle a securities class action lawsuit to avoid further litigation.
All natural persons and entities who purchased, sold, held, traded, or otherwise had any interest in SIBOR- and/or SOR-Based Derivatives during the period from January 1, 2007, through December 31, 2011, may be intitled to the settlement.
Fund Liquidation Holdings LLC
LOWEY DANNENBERG, P.C.
Citibank, N.A. and Citigroup Inc., JPMorgan Chase & Co. and JPMorgan Chase Bank, N.A., ING Bank N.V., Deutsche Bank AG, The Hongkong and Shanghai Banking Corporation Limited, Credit Suisse AG, Australia and New Zealand Banking Group, Ltd., Bank of America, N.A., Barclays Bank PLC, BNP Paribas, S.A., Commerzbank AG, Crédit Agricole Corporate and Investment Bank, DBS Bank Ltd., MUFG Bank, Ltd., Oversea-Chinese Banking Corporation Limited, The Royal Bank of Scotland plc, Standard Chartered Bank, UBS AG, and United Overseas Bank Limited
Hon. Alvin K. Hellerstein
A.B. Data Ltd
Court hearing date
29 November 22
31 October 2022
31 October 2022
17 October 2022
+$155,458,000Total Settlement Amount