Buy side to file consolidated complaint in FX probe on March 31

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Buy-side participants will file an official consolidated complaint against some of the world’s biggest banks on March 31, as the lawsuit alleging that banks manipulated key FX benchmarks snowballs into a class-action suit, says Chris Burke, attorney at the law firm leading the case. 

In an exclusive interview with FX Week, Burke says Scott & Scott, the lead counsel in the case, has information that one or more persons are co-operating with law enforcement authorities rather than just regulators

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