March 3, 2014

Kevin Maher v. Bank of Nova Scotia, Barclays Bank PLC, Deutsche Bank AG, HSBC Holdings PLC, Societe Generale. 14-cv-1459 (S.D.N.Y.)

On March 3, 2014, the Firm filed suit on behalf of gold trader Kevin Maher making the first allegations that the five banks responsible for setting the price for gold bullion had conspired to manipulate the London gold benchmark. The case is assigned… More

February 14, 2014

In re Facebook, Inc., IPO Securities and Derivative Litig., MDL 12-2389 (S.D.N.Y)

On February 14, 2014, the Honorable Robert W. Sweet denied the motion by NASDAQ for permission pursuant to 28 U.S.C. § 1292 (b) to appeal the denial of its motion to dismiss claims that NASDAQ failed to follow its rules and negligently failed to… More

February 13, 2014

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

On February 13, 2014 the Honorable Robert M. Dow announced that the Court was denying the objections by a non-Settling Defendant to preliminary approval of Plaintiffs’ proposed $46,000,000 settlement of the claims against the DFA Defendants… More

January 28, 2014

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

On January 28, 2014, the Honorable John J. Gleeson denied substantially all of the motions by Defendants to dismiss claims that Defendants agreed to fix the prices of freight forwarding services in violation of Section 1 of the Sherman Antitrust Act… More

December 20, 2013

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

On December 20, 2013, the Honorable Andrew L. Carter, Jr. issued a fifty-three page Memorandum and Order denying Defendants’ motion to dismiss Plaintiffs’ class action claims alleging manipulation and aiding and abetting manipulation in violation… More

December 17, 2013

Hershey, et al, v. Pacific Investment Management Company LLC, 05-cv-04681, (N.D. Ill)

On December 17, 2013, The Honorable Ronald Guzman ordered a second and potentially final distribution of the net settlement funds. During the hearing held on December 17, 2013, The Honorable Ronald Guzman stated that the approximately 42% recovery… More