NEW YORK, March 29 (Reuters) - A U.S. judge on Fridaydismissed a "substantial portion" of claims facing a number ofbanks in a barrage of lawsuits accusing them of interest-raterigging.
U.S. District Judge Naomi Reice Buchwald in Manhattan ruledfor the banks, which include Bank of America Corp,JPMorgan Chase & Co and others of allegedly manipulatingthe London Interbank Offered Rate, commonly known as Libor.
The judge granted the banks' motion to dismiss theplaintiffs' federal antitrust claims and partially dismissedtheir claims of commodities manipulation. She also dismissedracketeering and state-law claims.