General Electric agreed to pay $18.25 million to settle a class action investors’ lawsuit accusing the company’s finance units of conspiring to artificially fix prices for municipal securities. The lawsuit concerned the sale of municipal derivative transactions in the United States from January 1, 1992 through August 18, 2011. The lawsuit alleged that bid-rigging by GE units GE Funding Capital Market Services, Trinity Funding Co., and Trinity Plus Funding Co. (along with several other companies) violated antitrust law and caused consumers to receive lower interest rates. See related General Electric instances, “Anticompetitive Conduct in the Municipal Bond Investments Market (Non-Prosecution Agreement)” and “Anticompetitive Conduct in the Municipal Bond Investments Market (SEC Settlement)”.