In re Libor-Based Financial Instruments Antitrust Litigation

MEMORANDUM AND ORDER

NAOMI REICE BUCHWALD, District Judge.

I. Introduction

These cases arise out of the alleged manipulation of the London .InterBank Offered Rate (“LIBOR”), an interest rate benchmark that has been. called “the world’s most important number.” British Bankers’ Ass’n, BBA LIBOR: The World’s Most Important Number Now Tweets Daily (May 21, 2009), http://www.bbalibor. com/news-releases/bba-libor-the-worldsmost-important-number-now-tweets-daily. As numerous newspaper articles over the past year have reported, domestic and foreign regulatory agencies have already reached settlements…