News

October 29, 2014

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

On October 29, 2014, the Futures Plaintiffs filed a motion for preliminary approval of a settlement of the claims for manipulation of NYMEX platinum and palladium futures contracts between June 1, 2006 and April 29, 2010 against MF Global, Inc.… More

October 7, 2014

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

On October 7, 2014, Lovell Stewart reached a $19,975,000 ice-breaker settlement with Barclays Bank PLC over its unlawful manipulation of U.S. Dollar LIBOR, a key benchmark interest rate. Barclays is one of 16 defendant banks in the class action… More

October 7, 2014

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

On October 7, 2014, the Honorable William H. Pauley III granted the Futures Plaintiffs’ request to adjourn the date of the fairness hearing in connection with the Futures Plaintiffs’ partial settlement of this action with (a) the Moore Capital… More

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