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A $250 million settlement in a bond price-fixing lawsuit in which 12 banks agreed to stricter antitrust oversight will revive compliance, according to a legal expert. Pennsylvania Treasurer Joe Torsella first filed the lawsuit in March against 16 of the nation’s largest banks, for colluding to fix prices of Fannie Mae ( FNMA Loading… Loading… ) and Freddie Mac ( FMCC Loading… Loading… ) bonds — government-sponsored entity instruments — between 2009 and 2016. The settlement Torsella announced Tuesday brings total recovery to $386.5 million. Torsella, who has since been designated as class representative, said four of the defendant banks…

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