Judge Allows GIC Lawsuits From Four California Localities to Proceed
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Wednesday, April 28, 2010 |
A federal judge in Manhattan has refused to dismiss lawsuits four California issuers filed against Wells Fargo & Co., JPMorgan, and other banks, broker-dealers, and investment brokers, charging they conspired to rig bids and fix prices of guaranteed investment and derivatives contracts in the municipal market.
