Dennis et al v. JPMorgan Chase & Co. et al, 1:16-cv-06496-LAK-GWG

February 13, 2020

On February 13, 2020 the Honorable Lewis A. Kaplan denied the motion to dismiss on personal jurisdiction grounds made by Defendants Australia and New Zealand Banking Group, BNP Paribas, S.A., Commonwealth Bank of Australia, Deutsche Bank AG, Royal Bank of Canada, The Royal Bank of Scotland plc, UBS AG, Westpac Banking Corporation, Morgan Stanley, and Credit Suisse AG., and granted the motion made by certain other Defendants.  The firm is Co-Lead Counsel for Plaintiffs in this Action which is brought on behalf of a proposed class of the following persons:

All persons or entities that engaged in U.S.-based transactions in financial instruments that were priced, benchmarked, and/or settled based on BBSW at any time from at least January 1, 2003, through the date on which the effects of Defendants’ unlawful conduct ceased.

Excluded from the Class are Defendants and their employees, agents, affiliates, parents, subsidiaries and co-conspirators, whether or not named in this complaint, and the United States government.

For further information, please contact Christopher McGrath (cmcgrath@lshllp.com)