SAN FRANCISCO — The Sacramento Municipal Utility District has joined the ranks of public agencies filing civil lawsuits alleging a bid-rigging conspiracy in the municipal derivatives market.

The district, which serves more than 589,000 customers in California’s state capital region, filed suit last week in U.S. District Court in Sacramento, naming 47 financial firms that allegedly conspired to rig the bidding process for derivatives, depressing the utility’s earnings.

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