VerdictStats

Illinois Attorney General

IL-AG v. Bank of America

Settled

Bank of America, Barclays Capital Inc., BMO Financial Corp., Citigroup Inc., Fifth Third Bancorp, JPMorgan Chase & Co., Morgan Stanley, William Blair & Co, and Edelweiss Fund LLC allegedly rigged interest rates on bonds known as variable rate demand obligations, according to IL-AG.

Summary generated from official Illinois Attorney General press release

Source: Illinois Attorney General Press Release ↗

Parties

Defendants / Respondents
  • Bank of America
  • Barclays Capital Inc.
  • BMO Financial Corp.
  • Citigroup Inc.
  • Fifth Third Bancorp
  • JPMorgan Chase & Co.
  • Morgan Stanley
  • William Blair & Co
  • Edelweiss Fund LLC

Dates

Resolved
September 30, 2023
Published
June 28, 2024

Case Details

Industry
Finance
Penalty Type
Restitution