InvestorsHub Logo
Followers 15
Posts 449
Boards Moderated 0
Alias Born 01/30/2005

Re: None

Tuesday, 04/26/2022 11:40:15 AM

Tuesday, April 26, 2022 11:40:15 AM

Post# of 59648
Can't blame the Big's for trying....

Am in agreement with you Fred,

This Writ of Certiorari represents a 2nd bite-of-the-apple by the 'usual suspects'. The outcome is never certain, but the last attempt to gain traction with the Scotus failed. See below if interested.

While the MDL judge Buchwald is extremely accommodating to the perps,
would expect nice settlement dollars wrung out of this antitrust issue.

https://www.reuters.com/article/us-usa-court-libor/u-s-top-court-rejects-banks-over-libor-antitrust-lawsuits-idUSKBN15123B

January 2017, the SCOTUS rejected a similar appeal by the Libor-manipulating banks to throw out antitrust charges in the MDL case.

Yes, the current brief is more 'creative', but this is still (at the core) a retread to the Supreme Court.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.