Cotchett's Nanci Nishimura says public entities in California invested billions of dollars in securities with interest rates tied to LIBOR.
January 09, 2013 at 05:43 PM
1 minute read
SAN FRANCISCO Cotchett, Pitre & McCarthy is staking a claim in the massive court battle over allegations that banks rigged the benchmark interest rate tied to trillions of dollars of loans and financial products worldwide.
Cotchett lawyers filed eight federal lawsuits Wednesday on behalf of municipalities and public entities in California, including San Mateo County, San Diego County, the city of Richmond and the East Bay Municipal Utility District.
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