June 22, 2015
In re Optiver Commodities Litigation, 08-cv-6842 (S.D.N.Y.)
On June 22, 2015, the Honorable Loretta A. Preska, Chief Judge of the United States District Court, Southern District of New York, granted Plaintiffs’ motion for final approval of a proposed class action settlement of Plaintiffs’ claims that… More
June 8, 2015
In re Crude Oil Commodity Futures Litig., 11-cv-03600 (S.D.N.Y.)
On June 8, 2015, the Honorable Katherine B. Forrest preliminarily approved Plaintiffs’ settlement with Parnon Energy Inc., Arcadia Petroleum Ltd., Arcadia Energy (Suisse) SA, James T. Dyer, and Nicholas Wildgoose (“Defendants”). Plaintiffs… More
April 27, 2015
Precision Associates, Inc. et al., v. Panalpina World Transport (Holding) LTD. et al, 08-cv-0042 (E.D.N.Y.)
On April 27, the Honorable John G. Gleeson preliminarily approved the Plaintiffs settlement of the severed claims for $100,000,000 with Defendants (1) Hankyu Hanshin Express Holding Corporation f/n/a Hankyu Express International Co., Ltd. and its… More
April 23, 2015
In re Facebook Inc. IPO Securities and Derivative Litigation, (NASDAQ Actions) MDL No. 12-2389 (RWS)
On April 23, 2015, Plaintiffs agreed to a $26,500,000 settlement with The NASDAQ OMX Group, Inc. (“NASDAQ”), The NASDAQ Stock Market (the “Exchange”) and certain individual defendants on behalf of a class of investors who suffered losses… More
March 5, 2015
In Re: Rough Rice Commodity Litig., 11-cv-618, (N.D. Ill.) (JWD)
On March 5, 2015, the Honorable John W. Darrah preliminarily approved the settlement of this action. The Settlement provides for a $625,000 all-cash payment from the defendants. Lovell Stewart is co-lead counsel for Plaintiffs in this action. The… More
March 4, 2015
In re Aluminum Warehousing Antitrust Litig., 13 md 2481, (S.D.N.Y.)
On March 3 and 4, 2015, the Honorable Katherine B. Forrest issued two Opinions and Orders dismissing certain foreign Defendants for lack of personal jurisdiction and certain holding companies and other foreign affiliates of Defendants. The Court has… More