Mish International Monetary Inc. v. Vega Capital London, Ltd. et al, 20-cv-4577 (N.D. Ill.)

June 24, 2025

On June 24, 2025, the Honorable Manish S. Shah of the District Court for the Northern District of Illinois filed a Memorandum Opinion and Order granting in all respects Plaintiffs’ motion to certify the Class and denying in all respects Defendants’ motion to exclude Plaintiff’s expert opinions. The Class is defined as

All persons and entities that sold a May 2020 light sweet crude oil (WTI) futures contract (“May contract”) traded on the New York Mercantile Exchange between 9:00 a.m. CST and 1:30 p.m. CST (inclusive) on April 20, 2020 (including by trade at settlement (“TAS”)), to liquidate a long position in the May contract.

Class members should save their records of transactions. For further information please contact Chris McGrath (cmcgrath@lshllp.com) or Benjamin Jaccarino (bjaccarino@lshllp.com).