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Goldman Sachs to settle U.S. rate-rigging lawsuit for $56.5 million

December 18, 2016 by · Leave a Comment 

NEW YORK (Reuters) – Goldman Sachs Group Inc has agreed to pay $56.5 million to resolve a U.S. class action lawsuit accusing it and other banks of rigging an interest rate benchmark used in the $553 trillion derivatives market.

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Goldman Sachs to settle U.S. rate-rigging lawsuit for $56.5 million