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Traders file second amended US antitrust complaint in case over odd-lot corporate bonds

( September 3, 2024, 22:31 GMT | Official Statement) -- MLex Summary: Traders filed their second amended US class action complaint against Bank of America, Citigroup, Goldman Sachs and other banks, accusing them of unreasonably restraining the trade of odd-lots of corporate bonds in the secondary market. They said that this resulted in traders paying more when buying, and receiving less when selling, their corporate bonds. The complaint claims the banks colluded to charge economically unjustifiable prices for transactions and to keep out competition.See document below. ...

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