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Lawsuit claims 10 big banks rigged market for 'odd-lot' U.S. corporate bonds

Lawsuit claims 10 big banks rigged market for 'odd-lot' U.S. corporate bonds

Ten of the world's largest banks, including JPMorgan Chase and Bank of America , have been sued for allegedly conspiring over nearly 14 years to rig prices in the $9.6 trillion U.S. corporate bond market, costing ordinary investors billions of dollars.