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