Bank of America, JPMorgan, others gets US appeal dismissed in antitrust case over credit default swaps
( May 20, 2025, 22:31 GMT | Official Statement) -- MLex Summary: The US Court of Appeals for the Second Circuit dismissed an appeal regarding antitrust claims against Bank of America, JPMorgan, Barclays and other dealers of credit default swaps. The court found that it lacked jurisdiction because the lower court’s order is neither final nor an order granting or modifying an injunction. The district court had previously the district enjoined plaintiffs from pursuing any claims against the banks in the New Mexico action for any alleged violation of law based on conduct occurring before June 2014 and from prosecuting against the banks any similar claims relating to CDS transactions.See attached file. ...
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