2nd Circle Urged to relaunch trial after judge’s conflict of actions

By Dean Seal (March 10, 2022, 8:58 PM EST) – Investors accusing megabanks of conspiring to rig corporate bond prices have asked the Second Circuit to reinvigorate their case now that the federal judge in New York who ruled it dismissed revealed that his wife owns shares in one of the defendants.

The proposed group said Wednesday that U.S. District Judge Lewis J. Liman used flawed analysis last fall when he dismissed antitrust lawsuits against Morgan Stanley, Goldman Sachs and other big banks. But the judge has since revealed that he should never have heard the case in the first place, since his wife owned shares in Bank of America

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