Regulation360 (July 24, 2020, 11:28 PM EDT) — A Manhattan federal decide has taken a knife to a proposed class motion accusing Bank of America and different monetary providers heavyweights of a five-year conspiracy to repair European authorities bond costs, ruling that solely the case’s claims towards Natixis SA and two Nomura subsidiaries may proceed.In a call issued Thursday, U.S. District Choose Victor Marrero dismissed associates of Bank of America and three different European banks from the antitrust case, which alleges a cartel of monetary establishments conspired to snap up newly issued European sovereign bonds and resell them at inflated costs to institutional traders from 2007 to 2012….
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