News

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

December 18, 2014

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

On December 18, the Honorable John G. Gleeson preliminarily approved settlements with Defendants United Parcel Service, Inc., UPS Supply Chain Solutions, Inc., Agility Holdings, Inc., Agility Logistics Corp., and Geologistics International Management… More

December 2, 2014

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

On December 2, 2014, the Honorable Naomi Reice Buchwald granted Plaintiffs motion for preliminary approval of Plaintiffs’ settlement with Barclays for $19,975,000, cooperation, and no reversion of any settlement monies with respect to the following… More

November 14, 2014

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

On November 14, 2014, the Honorable William H. Pauley III entered an order scheduling a February 13, 2015 fairness hearing and directing that notice of the Futures Plaintiffs’ proposed settlement with the sole remaining non-settling defendant MF… More