United Western Bancorp Inc (fka UWBKQ)

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NEW LIBOR SETTLEMENT WITH SIX BANKS

https://www.reuters.com/legal/six-banks-settle-european-bond-price-fixing-litigation-new-york-2024-07-26/#:~:text=NEW%20YORK%2C%20July%2026%20(Reuters,prices%20of%20European%20government%20bonds.

Friday's settlements would upon approval end the litigation, with $120 million of settlements. JPMorgan Chase (JPM.N), opens new tab, Natixis, State Street (STT.N), opens new tab and UniCredit (CRDI.MI), opens new tab previously settled for a combined $40 million.

The case is part of more than a decade of litigation in the Manhattan court accusing banks of colluding in various markets including U.S. Treasuries, currencies and commodities, as well as on interest rate benchmarks.
The case is In re European Government Bonds Antitrust Litigation, U.S. District Court, Southern District of New York, No. 19-02601.