In re: Platinum and Palladium Commodities Litigation, 10-cv-3617 (S.D.N.Y.)
On February 27, 2015, the Honorable William H. Pauley III entered an order finally approving the Futures Plaintiffs’ settlement with Defendant MF Global, Inc. which resulted in a settlement fund of $4,672,500 in cash and an allowed general unsecured creditor claim in the MF Global bankruptcy proceeding of $18,753,571.43. Lovell Stewart is sole lead counsel for the Futures Plaintiffs in this action. Lovell Stewart encourages persons who traded in NYMEX platinum futures contracts and/or NYMEX palladium futures contracts during the time period June 1, 2006 through April 29, 2010 to submit proofs of claim in order to seek to share in the settlement proceeds. Proof of claim forms must be received by the Settlement Administrator by May 13, 2015. Proof of claim forms are available on the settlement website. The settlement website is http://platinumpalladiumfutureslitigation.com. Please check this website and the settlement website for updates regarding the proposed settlement. Contact Christopher M. McGrath, Esq. (CMcGrath@lshllp.com).