Law360, New York (May 4, 2016, 6:26 PM EDT) -- A group of futures market traders urged a New York federal judge Tuesday not to let Rabobank move to toss their class action claims from a suit over its alleged Libor manipulation, saying a recent Eleventh Circuit decision bears out their argument that dismissing the claims before discovery would be premature.Citing the recent decision in Herrera v. JFK Medical Center in which an Eleventh Circuit panel found a Florida federal court erred in striking class allegations without the benefit of discovery, the so-called exchange-based plaintiffs said disputes with the bank over the predominance of common issues and the ease of... In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition. TRY LAW360 FREE FOR SEVEN DAYS
A group of futures market traders has appealed to a New York judge not to let him dismiss their class action over alleged market manipulation , arguing it is too premature to dismiss their claims .