Mish International Monetary Inc. v. Vega Capital London, Ltd. et al, 20-cv-4577 (N.D. Ill.)
On April 13, 2026, the Honorable Manish S. Shah of the District Court for the Northern District of Illinois granted Plaintiffs’ motion to amend the class definition. The Amended 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. CDT and 1:30 p.m. CDT (inclusive) on April 20, 2020, (including by trade at settlement ("TAS")), to liquidate a long position in the May contract.
Excluded from the Class are Defendants, their officers, directors, management, employees, subsidiaries, or affiliates and federal governmental entities. Also excluded from the Class is any person or entity that (1) sold (on net) ten or more May contracts between 12:30 p.m. CDT and 1:30 p.m. CDT (inclusive) on April 20, 2020, and (2) purchased (on net) ten or more May contracts by TAS that executed at the May contract settlement price on April 20, 2020 (plus or minus any TAS premium or discount).
Class members should save their records of transactions. For further information please contact Chris McGrath (cmcgrath@lshllp.com) or Benjamin Jaccarino (bjaccarino@lshllp.com).