A number of large banks were sued on Monday after facing accusations of rigging the foreign exchange market. The lawsuit was filed in a New York state court by two law firms representing clients who lost money when they bought and sold currencies based on information provided to them by their banks.
A number of large banks were sued on Monday after facing accusations of rigging the foreign exchange market. The class action suit was brought forward by a group of people who had bought foreign exchange-linked shares indirectly.