City of Oakland Sues Four Financial Institutions for Antitrust

Posted by Plus Master at 12:04 PM
 

Oakland City Attorney John Russo, on Wednesday, filed a class-action federal antitrust lawsuit against national financial firms, including Bank of America, Bear Stearns, J.P. Morgan, and Wachovia Bank, accusing them of conspiring to gouge taxpayers through illegal price fixing and bid rigging.

 

Read the full article and watch accompanying video here at the ABC7 Website.
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