Published on July 12, 2012 | by LawNews
Prof. Ronald Colombo Comments on Barclays Interest Rate Scandal
Barclays’ settlement and apparent willingness to cooperate with investigators and potentially with civil plaintiffs could spell trouble for the other big banks involved in the class action, said Ronald Colombo, a professor at Hofstra University School of Law.
“The big picture is this: for the other cases going forward, Barclays is going to be willing to cooperate. They have no choice,” he said.
Read the full article on law360.com.