Alaska Electrical Pension Fund v. Bank of America Corp.

OPINION AND ORDER

JESSE M. FURMAN, United States District Judge:

These consolidated putative class actions are the latest in a series of cases in recent years to allege a longstanding conspiracy by some of the world’s largest banks to manipulate a benchmark interest rate. -In the other cases, plaintiffs allege efforts to fix the London InterBank Offered Rate (“LIBOR”), see, e.g., In re LIBOR-Based Fin. Instr. Antitrust Litig., 935 F.Supp.2d 666 (S.D.N.Y.2013) ("LIBOR I”), and the leading benchmark interest rate for the foreign exchange market, see In re Foreign Ex. Benchmark Rates Antitrust…