Dennis et al v. JPMorgan Chase & Co. et al, 1:16-cv-06496-LAK-GWG (S.D.N.Y.)

May 11, 2021

On May 11, 2021, the Honorable Lewis Kaplan denied the motions to dismiss pursuant to 12(c) of the Federal Rules of Civil Procedure filed by Defendants Morgan Stanley, Deutsche Bank AG (“Deutsche Bank”), UBS AG (“UBS”), The Royal Bank of Scotland plc (“RBS”), Royal Bank of Canada (“RBC”), and BNP Paribas on the grounds that the claims had supposedly been released by virtue of an earlier litigation.

The firm is Co-Lead Counsel for Plaintiffs in this Action which is brought on behalf of the proposed litigation 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 (