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Plaintiffs file opening brief in Libor appeal

( May 20, 2015, 22:31 GMT | Official Statement) -- MLex Summary: Plaintiffs filed an opening brief in their appeal of a lower court decision dismissing their antitrust claims against several banks including Bank of America, Barclays, UBS, JPMorgan Chase and Citibank for conspiring to manipulate the London Interbank Offered Rate. The brief argues that the court erred in requiring a separate allegation of harm to competition because defendants’ actions represent a form or horizontal price-fixing, which is necessarily anticompetitive. See document below. ...

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