June 27, 2014
Precision Associates, Inc. et al., v. Panalpina World Transport (Holding) LTD. et al, 08-cv-0042 (E.D.N.Y.)
On June 27, Plaintiffs filed a motion seeking preliminary approval of settlements with Defendants Panalpina, Geodis, DSV, and Jetspeed for an immediate cash payment of $44 million plus additional sums to be paid from proceeds from another litigation… More
June 13, 2014
Flynn v. Bank of America, et. al. (S.D.N.Y.)
On June 13, 2014, Lovell Stewart Halebian Jacobson LLP filed a complaint on behalf of James J. Flynn and Dominic A. Morelli and of all investors similarly situated. In the complaint the Plaintiffs allege violations of the federal securities laws by… More
April 25, 2014
In re Aluminum Warehousing Antitrust Litig., 13‑md‑2481, (S.D.N.Y.)
The Honorable Katherine B. Forrest denied the motion by the Goldman Sachs Defendants to stay discovery and accelerated the briefing on the motion by the London Metal Exchange (“LME”) Defendants to dismiss the claims on foreign sovereign immunity. More
April 16, 2014
In Re: Rough Rice Commodity Litig., 11-cv-618, (N.D. Ill.) (JWD)
On April 16, 2014, Plaintiff executed a memorandum of understanding, subject to the negotiation of a final settlement agreement, with the Defendants to settle claims on behalf of persons who purchased Chicago Board of Trade rough rice futures… More
March 18, 2014
In re: Platinum and Palladium Commodities Litigation 10-cv-3617 (S.D.N.Y.)
On March 18, 2014, the Futures Plaintiffs filed a motion seeking preliminary approval of a partial settlement of this case with (a) the Moore Defendants for $48,400,000, and (b) Defendant Joseph Welsh for a judgment of $35,000,000 in respect of the… More
March 17, 2014
In re Dairy Farmers of America, Inc. Cheese Antitrust Litig., 09-cv-03690, (N.D. Ill.)
On March 17, 2014, the Honorable Robert M. Dow preliminary approved Plaintiffs’ proposed $46,000,000 settlement of the claims against the DFA Defendants alleging that the DFA Defendants conspired to fix the prices of physical cheese and milk, and… More