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Banks file replies in support of dismissing Treasury securities antitrust case

( August 4, 2021, 22:31 GMT | Official Statement) -- MLex Summary: US Treasury security dealers filed replies in support of their 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.’ Auction and boycott defendants said that plaintiffs’ opposition fails to confront the reality that the minimal revisions to their allegations are insufficient to cure the fatal pleading deficiencies identified by the court in dismissing the prior complaint. The platform defendants said that the opposition identifies no direct evidence of any conspiracy agreement and it fails to establish any basis upon which to infer one.See document below. ...

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