Baltimore files potential class action against banks, alleges rate fixing

Baltimore filed a potential class action lawsuit in New York Monday against a group of banks the city says conspired to fix interest rates of variable rate demand obligations, or VRDOs. The complaint, filed in U.S. District Court for the Southern District of New York, alleges Bank of America, Barclays, BMO, Citi, Fifth Third, Goldman Sachs, JP ...

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