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S.D. New York· 6/23/2014

In re Libor-Based Financial Instruments Antitrust Litigation

Citations

  • 27 F. Supp. 3d 447
  • 2014 WL 2815645
  • 2014 U.S. Dist. LEXIS 86765

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • noting that “the ability to plead in the alternative does not obviate the need for each of plaintiffs’ motive allegations to be ‘plausible on its face.’”
  • declining to toll the claims of plaintiffs whose only purchase of allegedly manipulated securities came after the end of the class period
  • holding allegations of conscious misbehavior adequately pleaded scienter
  • where plaintiffs may have been helped, rather than harmed, on some days by manipulation of LIBOR market, \damages are merely 'conceivable'-and thus insufficiently pled\
  • “[I]t is implausible that all defendants would maintain parallel trading positions ... across the Class Period.”
  • “[I]t is implausible that all defendants would maintain parallel trading positions ... across the Class Period.”

Source: CourtListener parenthetical corpus (CC0).

Judges: Buchwald

Read full opinion on CourtListener

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13 cases in this archive cite this case.

Cites

69 cases in this archive are cited by this case; the 20 most cited are listed.

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