Earle, et al. v. Bank of America, et al., 13-civ-407 (S.D.N.Y.) |
January 17, 2013 |
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On January 17, 2013, plaintiffs filed a class action complaint against Bank of America Corp., Bank of America, N.A., Bank of Tokyo-Mitsubishi UFJ Ltd., Barclays Bank plc, Citigroup, Inc., Citibank N.A., Credit Suisse Group, AG, Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A., Deutsche Bank AG, HBOS plc, HSBC Holdings plc, HSBC Bank plc, JPMorgan Chase & Co., Chase Bank USA, N.A., The Norinchukin Bank, Lloyds Banking Group plc, Royal Bank of Canada, Royal Bank of Scotland and UBS AG (collectively “Defendants”) for their violations of Section 1 of the Sherman Act, 15 U.S.C. § 1, arising from Defendants’ alleged collusive manipulation and fixing at artificially higher levels than they would otherwise have been of the six-month and twelve-month U.S. Dollar London InterBank Offered Rate (“LIBOR”) from at least January 2008 through the present costing American homeowners billions of dollars on their mortgages.
Plaintiffs are represented by Gregory K. Arenson, Richard J. Kilsheimer and Elana Katcher of Kaplan Fox & Kilsheimer LLP and Jeffrey C. Block, Whitney E. Street and Mark A. Delaney of Block & Leviton LLP.
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