U.S. judge dismisses most of Euribor-rigging lawsuit
NEW YORK, Feb 21 (Reuters) - A U.S. judge on Tuesday dismissed most of an investor lawsuit accusing major banks of conspiring to manipulate the benchmark European Interbank Offered Rate, or Euribor.
In a 100-page decision, U.S. District Judge Kevin Castel in Manhattan said most of the plaintiffs lacked standing to pursue antitrust claims, and that several claims must fail because of a lack of evidence or because they involved foreign conduct.
Castel said the investors may pursue one antitrust claim and two common law claims against Citigroup Inc and JPMorgan Chase & Co.
(Reporting by Jonathan Stempel in New York; Editing by Lisa Shumaker)
