Settlement Administrator Angeion Group Announces Proposed Settlement In U.S. Dollar LIBOR-Based Instrument Class Action
NEW YORK--(BUSINESS WIRE)--Jul 28, 2023--
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NEW YORK--(BUSINESS WIRE)--Jul 28, 2023--
There are lawsuits impacting individuals and institutions that entered into overthecounter financial derivative and nonderivative instruments directly with 17 banks and that received payments tied to U.S. Dollar LIBOR. A Settlement totaling 90 million has been reached with MUFG Bank Ltd. The Norinchukin Bank and Socit Gnrale.
Listen up vinyl enthusiasts: If you purchased LPs from Mobile Fidelity Sound Lab (a.k.a. MoFi) between 2007 and 2022, you may be entitled to a payout as part of a proposed $25 million class-action settlement against the audiophile record label. But you have to act by September 21. The settlement stems from a lawsuit filed last summer by MoFi customers who accused the company of falsely marketing and promoting LPs as “analog only” even though a Direct Stream Digital (DSD) transfer step was used in the mastering chain.
/PRNewswire/ -- The following statement is being issued by Kroll Settlement Administration regarding the Mobile Fidelity Sound Lab Settlement. A settlement has...
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