February 20, 2015

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

On February 20, 2015, the Honorable John G. Gleeson preliminarily approved a settlement with Defendants Dachser GmbH & Co., KG and Dachser Transport of America, Inc., for $2.5 million plus certain future payments. This settlement brings the total… More

February 18, 2015

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

On February 18, 2015, the Direct Purchaser Plaintiffs submitted their Response in further support of their motion to amend the complaint.  Plaintiffs allege that Defendants combined, conspired or agreed to fix or manipulate prices of primary… More

February 13, 2015

In re Crude Oil Commodity Futures Litig., 11-cv-03600 (S.D.N.Y.)

On Friday, February 13, 2015, the Honorable Katherine B. Forrest held a hearing on class certification in In re Crude Oil Commodity Futures Litig., 11-cv-03600 (S.D.N.Y.). Professor Joseph Mason testified for Plaintiffs and Dr. Ramsey Shehadeh… More

February 5, 2015

In re Libor Based Financial Instruments Antitrust Litigation No. 1:11-MD-2262 (NRB)

On February 5, 2015 the Honorable Naomi Reice Buchwald ruled that Plaintiffs did not need to have Defendants’ actual borrowing rates in order to formulate a plan of allocation for the proceeds from Plaintiffs’ proposed settlement with Barclays in… More

January 21, 2015

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

On January 14, 2015, the Futures Plaintiffs filed motions seeking final approval of (1) their proposed settlement with the Moore Defendants and Defendant Welsh, which provides for a $48,400,000 cash payment by the Moore Defendants and a judgment of… More

January 7, 2015

In re Optiver Commodities Litigation, 08-cv-6842 (S.D.N.Y.)

On January 7, 2015, the Honorable Loretta A. Preska, Chief Judge of the United States District Court, Southern District of New York, granted Plaintiffs’ motion for preliminary approval of a proposed class action settlement of Plaintiffs’ claims… More