WASHINGTON — The Utah Housing Corp. has filed a lawsuit against two brokers — CDR Financial Products Inc. and Investment Management Advisory Group Inc. — and eight providers of guaranteed investment contracts, claiming they knowingly engaged in bid-rigging activities to artificially suppress interest rates on investment agreements it purchased for its housing bond proceeds.

The 33-page suit, filed Wednesday in the U.S. District Court for the District of Utah in Salt Lake City, charges the firms violated the Sherman Antitrust Act and seeks treble damages from them as well as any other relief considered to be appropriate. It asks for a trial by jury.

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