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Deutsche Bank AG settled related claims in April, and the investors are said to seek preliminary approval of such settlement.
The Bank of Nova Scotia, known as Scotiabank, is also facing another lawsuit in the Manhattan court in which investors have accused it of conspiring with Deutsche Bank, HSBC and UBS to rig silver prices through a daily meeting known as the Silver Fix.
In 2014 and after 117 years of being set between banks, the daily price setting process for global silver prices moved to an electronic platform run by GME Group and Thomson Reuters in London.
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You really have nothing to gain, and perhaps much to lose, not the least of which may be self-respect. If married men want to do this they need to get a divorce and remain single.
I don't have any issues with people who DO have open marriages or other arrangements, but I also know there are plenty of other ways for them to find partners who actually are looking for the same thing. Honestly, I think a lot of these guys who are in open relationships or claim to be while searching out single women, probably do so more for financial reasons than anything else. Some people think that it's a public declaration of love and commitment to be together forever.
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The move comes as a US judge said last week that gold investors could go ahead with their lawsuit accusing four major banks of conspiring for a decade to fix prices and exploit distortions at the expense of investors in global markets for the precious metal.
US District Court for the Southern District of New York Valerie Caproni, however, reduced the class period to six years ending in 2012, and dismissed a claim of unjust enrichment.
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