Faculty Notes Ronald J. Colombo, Professor of Law

Published on May 29, 2016 | by LawNews

Prof. Ronald Colombo Quoted in Law360 Story on US Commodity Futures Trading Commission’s Benchmark-Manipulation Settlements With Citi

Faulty Troubleshooting Hurt Citi In CFTC Benchmark Probe
By Jeff Zalesin
Law360
May 25, 2016

Excerpt:

But after settling with the CFTC, Citibank could be close to also resolving the private Libor claims against it through a settlement, according to Ronald Colombo, a law professor at Hofstra University.

“Now that they’ve settled with the regulators, you’d think they would probably want to settle with the private plaintiffs,” Colombo said. “If they thought their case was really strong, then they might want to litigate both, but the fact that they did settle to the tune of $425 million suggests that they do think there is exposure here.”

Read the full article at law360.com (subscription required).

Tags: , , , ,


About LawNews

To submit a news story, or to request an interview with one of Hofstra Law’s faculty experts, please contact Andrew Berman, assistant dean for communications, at andrew.e.berman@hofstra.edu.



Comments are closed.

Back to Top ↑
  • Upcoming Events

    View Full Calendar

  • Videos

  • Archives


Follow

Get every new post delivered to your Inbox

Join other followers: