( November 20, 2025, 23:31 GMT | Official Statement) -- MLex Summary: Plaintiffs accusing Bank of America, Barclays, Citibank, and others of conspiring to manipulate the credit default swaps “final auction price” opposed a motion for judgment. They argue that a settlement release only precludes claims accruing prior to a certain date, not evidence of the misconduct itself. “Defendants’ arguments, if accepted, would enable persons who engage in anticompetitive conduct to buy a license to continue their anticompetitive conduct in perpetuity via a litigation release, where, for example, evidence helping to establish the formation of the conspiracy predated the release. This is nonsense,” they said.See attached file. ...
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