RK&O successfully defends ICAP plc in Yen LIBOR and EuroYen Tibor Class Action

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April 1, 2015

Richards Kibbe & Orbe LLP successfully defended ICAP plc in proposed class action litigation over its alleged role in Yen LIBOR and EuroYen TIBOR rate manipulation. A New York federal judge dismissed ICAP plc saying the plaintiffs failed to allege sufficient facts to establish any connection, let alone a substantial connection, between ICAP plc and the United States. RK&O partners H. Rowan Gaither IV and Shari Brandt made up the team representing ICAP.

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