News

September 30, 2014

In re Term Commodities Cotton Futures Litig., 12-cv-5126 (ALC) (KNF) (S.D.N.Y.)

On September 30, 2014, the Honorable Andrew L. Carter, Jr. issued a Memorandum and Order denying Defendants’ motion for reconsideration of the Court’s denial of Defendants’ motion to dismiss Plaintiffs’ claims alleging manipulation and aiding… More

September 12, 2014

In re Dairy Farmers of America, Inc. Cheese Antitrust Litig., 09-cv-03690, (N.D. Ill.)

On September 12, 2014, the Honorable Robert M. Dow granted final approval of the Direct Purchaser Plaintiffs’ proposed $46,000,000 settlement of the claims against the DFA Defendants alleging that the DFA Defendants conspired to fix the prices of… More

July 15, 2014

In re: Platinum and Palladium Commodities Litigation 10-cv-3617 (S.D.N.Y.)

On July 15, 2014, the Honorable William H. Pauley III preliminarily approved the Futures Plaintiffs’ partial settlement of this action with (a) the Moore Capital Defendants for $48,400,000, and (b) Defendant Joseph Welsh for a judgment of… More

June 27, 2014

Precision Associates, Inc. et al., v. Panalpina World Transport (Holding) LTD. et al, 08-cv-0042 (E.D.N.Y.)

On June 27, Plaintiffs filed a motion seeking preliminary approval of settlements with Defendants Panalpina, Geodis, DSV, and Jetspeed for an immediate cash payment of $44 million plus additional sums to be paid from proceeds from another litigation… More

June 13, 2014

Flynn v. Bank of America, et. al. (S.D.N.Y.)

On June 13, 2014, Lovell Stewart Halebian Jacobson LLP filed a complaint on behalf of James J. Flynn and Dominic A. Morelli and of all investors similarly situated. In the complaint the Plaintiffs allege violations of the federal securities laws by… More

April 25, 2014

In re Aluminum Warehousing Antitrust Litig., 13‑md‑2481, (S.D.N.Y.)

The Honorable Katherine B. Forrest denied the motion by the Goldman Sachs Defendants to stay discovery and accelerated the briefing on the motion by the London Metal Exchange (“LME”) Defendants to dismiss the claims on foreign sovereign immunity. More