Some of the world’s major banks like JPMorgan Chase & Co. (NYSE:JPM), Citigroup Inc (NYSE:C), Bank of America Corp (NYSE:BAC), and HSBC, have failed to have a Forex manipulation complaint against them dismissed, as Judge Lorna G Schofield of the New York Southern District Court sided with the plaintiffs in the case captioned Nypl v. JP Morgan Chase & Co. et al (1:15-cv-09300). On Monday, March 12, 2018, Judge Schofield issued an Order which denies the Motion to Dismiss launched by the defendants in this case. The action is brought on behalf of a putative class of consumers and end-user businesses alleging that ... (full story)