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Plaintiffs defend claims against foreign banks in forex manipulation case

( October 27, 2017, 22:31 GMT | Official Statement) -- MLex Summary: Plaintiffs have filed an opposition to foreign banks’ motion to dismiss due to lack of personal jurisdiction claims that they manipulated foreign exchange benchmarks. Plaintiffs say that jurisdiction exists because the banks “participated in the alleged conspiracy to manipulated and fix the prices of the benchmark exchange rates in the US and aimed to cause harm in the US by collusively including the price-fixed benchmark exchange rates in the pricing of consumer retail transactions.”See document below....

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