DiCello Levitt and Leading Firms Secure $70 Million Settlement in Whistleblower Lawsuit Alleging Municipal Bond Fraud and Price-Fixing
CHICAGO, March 21, 2024 /PRNewswire/ — A $70 million settlement in a whistleblower lawsuit against eight of the nation’s largest banks has been finalized and executed, making it the largest reported settlement ever under the Illinois False Claims Act. The whistleblower, identified in the lawsuit as Edelweiss Fund LLC, alleged that various affiliates of Bank of America, Barclays, Citigroup, JPMorgan Chase, Morgan … Continued