Investors Can&#039t Insert Card Transactions To Forex Rigging Suit – Law360

Law360 (July nine, 2019, 8:35 PM EDT) — A New York federal choose dominated Tuesday that it is way too late for traders accusing many major banking institutions of rigging the foreign exchange market place to insert promises centered on foreign credit, debit and ATM card transactions.

U.S. District Judge Lorna G. Schofield echoed her earlier orders that resisted the investors’ quest to broaden the scope of their suit to contain abroad card-centered transactions that included forex conversions, crafting that the expanded promises would involve way too lots of new components to be lumped in with many others that have been on the history for many years.

“This litigation is now in its fifth 12 months,” Judge…

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