On behalf of our client FX Primus Ltd., Kehoe Law Firm is pleased to announce that today the court granted final approval to the $23,630,000 settlement in the FX indirect purchaser litigation. The lawsuit against various Wall Street banks, alleges that defendants conspired to fix the prices of foreign currency instruments causing settlement class members to be overcharged when directly purchasing from or directly selling to a retail foreign exchange dealer (“RFED”) an FX instrument, where that RFED transacted in an FX instrument directly with a defendant.

Defendants include entities related to Citigroup, MUFG Bank Ltd., Bank of America Corporation, Barclays Bank PLC, BNP Paribas, Credit Suisse AG, Deutsche Bank AG, Goldman Sachs, HSBC Bank PLC, JPMorgan Chase & Co., Morgan Stanley, RBC Capital Markets, LLC, The Royal Bank of Scotland PLC (now known as NatWest Markets PLC), and UBS AG. The settlements include statewide settlement classes from New York, Arizona, California, Florida, Illinois, Massachusetts, Minnesota, and North Carolina.

The defendants collectively paid $23,630,000 of settlements into a fund to be disbursed to the members of the settlement classes. You must file a valid and timely claim to get money from the settlements. You may get a Claim Form by visiting www.FXIndirectAntitrustSettlement.com or by contacting the Settlement Administrator toll-free number: 1-844-245-3777.

For more information about Kehoe Law Firm and its involvement in this matter, please contact John A. Kehoe at [email protected] or call (215) 792-6676.