Nasdaq Market-Makers Antitrust Litigation was a c
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Posted On: 01/10/2014 8:29:47 PM
Nasdaq Market-Makers Antitrust Litigation was a class-action lawsuit initiated in 1996 alleging collusion amongst Wall Street traders. The class action alleged that NASDAQ market-makers set and maintained wide spreads pursuant to an industry-wide conspiracy. Litigation took 3.5 years and was eventually settled for $1 billion.
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