2nd Circ. Backs Win For Big Banks In Forex-Rigging Suit

By Elliot Weld (May 16, 2024, 2:37 PM EDT) -- The Second Circuit on Thursday backed a ruling in favor of a group of large banks accused of conspiring to manipulate the foreign currency exchange market in euros and dollars, agreeing with a lower court that the plaintiffs hadn't made qualifying transactions or shown how prices were distorted....

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