Lawyers take FX fight to StanChart subsidiary

lawyers-running-dv560043-web — Stay on track: lawyers fight to keep Standard Chartered as a defendant in FX rigging suit

Laura Matthews
08 Apr 2016

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Attorneys in the FX benchmark-rigging class-action lawsuit have decided to pursue a case against Standard Chartered Bank (SCB), a week after a US District Court judge dismissed the case against the bank's parent company, Standard Chartered Plc, citing lack of jurisdiction.

In a motion for leave filed with the US District Court for the Southern District of New York on April 7, plaintiff lawyers at law firms Hausfeld and Scott+Scott moved to substitute SCB as a defendant for its dismissed parent

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