Plaintiffs defend antitrust claims in case over Treasury securities
( July 14, 2021, 22:31 GMT | Official Statement) -- MLex Summary: Plaintiffs filed oppositions to banks’ motions to dismiss claims that they conspired to manipulate the prices of Treasury securities at auctions and the pricing of Treasury securities in the ‘when-issued market.’ They said that their amended complaint added more specific facts about the auction defendants’ conspiracy, including “the proverbial smoking gun in the form of direct evidence about the conspiracy.” Additionally, they argued the complaint added new allegations describing the boycott defendants’ parallel conduct to block all-to-all trading from emerging in the Treasuries secondary market.See document below. ...
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