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Here Feng, after sensibly recycling his asphixiator's plastic bag, one hopes, tried to make a deal with Frank Underwood whereby – stay with me people, this gets complicated – he insisted that the US should not drop the WTO currency manipulation lawsuit against China.
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Highly secretive investor sued by pharmaceuticals firm Biovail in April for stock manipulation; $4.6 billion lawsuit alleges Cohen's SAC Capital hedge fund outfit paid doctors to spread misleading information.
For a total of $373 million, BP settled a number of legal claims, including a U.S. criminal probe into alleged price manipulation of propane and lawsuits that were brought in the aftermath of the 2005 explosion at BP's Texas City, Texas, refinery.
This manipulation is alleged in numerous lawsuits to have defrauded thousands of bank clients.
In a sharply worded letter to Geithner, Republicans Chuck Grassley and Mark Kirk blamed a "deluge" of lawsuits over the manipulation of the London Interbank Offered Rate (Libor) on Geithner's failure to inform the public, even though he knew of manipulation as president of the New York Federal Reserve in 2008.
Analyst Sandy Chen at Cenkos said: We expect that the costs of lawsuits related to Libor manipulation will dwarf the £290m in fines imposed on Barclays – and since RBS, HSBC and Lloyds have also been named in lawsuits, we expect they will also face significant fines and damages.
There are lawsuits from the Libor manipulation that were not directly affected by the ruling.
Several class-action lawsuits over the alleged manipulation of LIBOR for dollar-denominated borrowing are already under way.
Porsche is facing a raft of lawsuits over alleged market manipulation, centered on the carmaker's effort to take over over Volkswagen.
Lloyds added that certain employees, which it did not identify, had also been named as defendants in private lawsuits connected with the manipulation of Libor, which underpins more than $360 trillion worth of financial products worldwide.
The British bank revealed last week that it is a defendant in a number of class action lawsuits connected to the manipulation of Libor and the European interbank offered rate, or Euribor.
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CEO of Professional Science Editing for Scientists @ prosciediting.com