The allegations in the class-action lawsuit were rather different, since they included a period well before the financial crisis, and also alleged a higher bias to LIBOR throughout. These allegations all seemed like a bit of a stretch to us, so we thought we'd conduct some rudimentary analysis to determine the credibility, if any, of the claims in this lawsuit. Although we conducted a couple of reviews, we paid particular attention to the "five-day running average" in the third allegation listed above.
LIBOR Homeowner Lawsuit: Much Ado Over $1.22?
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