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Adding $374 million alleged in New York to the three other cases also filed by Johan Rosenberg brings the total damages claimed to $1.58 billion.
May 22 -
Philadelphia awarded a $190 million general obligation deal to banks the city is suing, alleging collusion on variable-rate debt.
April 29 -
Whistleblower Johan Rosenberg has alleged that the conspiracy cost issuers over $1 billion — $719 million in California, $349 million in Illinois, and $134 million in Massachusetts.
April 4 -
Municipal underwriters jockey for position as business increased 21.9% from the first quarter of last year.
April 4 -
Twenty-three members of Congress are urging the Oversight Board to pull back the bonds' underwriting and other fees.
April 3 -
The lawsuit filed in federal court is now the second national suit alleging fraud in the variable-rate debt market.
March 27 -
The city says firms conspired to artificially raise rates resulting in unjust enrichment.
February 21 -
A lawsuit alleging fraud accusing banks and broker-dealers of fraud in the variable-rate demand obligation market will proceed, an Illinois judge ruled.
February 1 -
The San Francisco Bay Area Rapid Transit District will get its advance refunding deal done this year after accelerating its schedule.
December 8 -
Barclays is bolstering its Chicago team with three banking additions at the expense of Bank of America Merrill Lynch.
June 7