The settlements reached to date are reportedly the second-highest amount ever recovered in a Canadian case related to price fixing. LIUNA’s pension fund is leading a $1 billion court fight against some of the world’s largest financial institutions over an alleged decade-long conspiracy to rig foreign currency markets. LIUNA’s pension fund includes 20,000 pensioners and beneficiaries. LIUNA’s pension fund does not gain any additional financial benefit by virtue of its role as one of the lead plaintiffs. It’s not known how much LIUNA’s pension fund can expect to recover from the settlement.

Source: thestar February 08, 2018 01:30 UTC