antitrust lawsuits News

Loose Lips and FX Tips: How Chats Cost Banks $1.2 Billion

Talk may be cheap, but in currency traders’ chatrooms, at least, improper messages can be very expensive for their companies. In instant message groups with names such as “Semi Grumpy Old Men” and “Three Way Banana Split” up to nine …

Antitrust Suits Target Louisiana Pool Products Company

A Louisiana company that bills itself as the world’s largest wholesale distributor of swimming pool products is becoming an Olympic-size target for plaintiffs’ lawyers filing antitrust lawsuits. In November, Pool Corp. settled claims by the Federal Trade Commission that the …