Civil Plaintiff
Goldman and Others Agree to $20 Million Price-Fixing Settlement
Goldman Sachs (GS.N), German industrial company BASF (BASFn.DE), and two other banks agreed to pay $20 million to settle a nearly decade-old antitrust lawsuit accusing them of conspiring to suppress platinum and palladium prices.
A preliminary settlement of the proposed class action was filed on Friday night and approved by U.S. District Judge Gregory Woods in Manhattan, court records on Monday show.
Read more at Reuters