Lawsuit claims 10 big banks rigged market for 'odd-lot' U.S. corporate bonds
April 21, 2020 at 16:39 PM EDT
Ten of the world's largest banks, including JPMorgan Chase and Bank of America , have been sued for allegedly conspiring over nearly 14 years to rig prices in the $9.6 trillion U.S. corporate bond market, costing ordinary investors billions of dollars.