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Rival UK mass claims over banks' forex rigging set for July hearing at competition court

By Simon Zekaria ( January 15, 2021, 17:28 GMT | Insight) -- Two British consumer champions competing to sue big investment banks including JPMorgan Chase and Barclays over currency-market rigging will face a court hearing in July over bids to certify their proposed mass lawsuits as suitable for trial. A judge today scheduled the hearing at the Competition Appeal Tribunal, which will review the claims’ applications for certification. The case is seen as a marker for the UK's developing collective-claim regime.Two British consumer champions competing to sue big investment banks including JPMorgan Chase and Barclays over currency-market rigging will face a court hearing in July over bids to certify their proposed mass lawsuits as suitable for trial. ...

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