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UK appeal court's forex mass claim ruling was right, top court judges told

By Simon Zekaria ( April 2, 2025, 15:52 GMT | Insight) -- Appeal judges were right to rule that the UK competition court re-examine its decision to block two rival mass claims against JPMorgan Chase, Barclays and other banks over a foreign-exchange cartel, the UK’s top court was told today by one of the plaintiffs. At the Supreme Court, the banks are challenging a 2023 ruling from the Court of Appeal  that said the Competition Appeal Tribunal made errors in its assessment of the case.Appeal judges were right to rule that the UK competition court re-examine its decision to block two rival mass claims against JPMorgan Chase, Barclays and other banks over a foreign-exchange cartel, the UK’s top court was told today by one of the plaintiffs. ...

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