In re LIBOR-Based Financial Instruments Antitrust Litigation. No. 11-md-2262 (NRB) (S.D.N.Y.)

On May 13, 2016 the Honorable Naomi Reice Buchwald denied defendants’ Motion to Strike Exchange Based Plaintiffs (“Plaintiffs”) class allegations on claims of manipulation in In re LIBOR-Based Financial Instruments Antitrust Litigation, No. 11-md-2262 (NRB) (S.D.N.Y.).

Plaintiffs have issued 163 subpoenas to large-trader firms and members of the CME Group requiring members to retain all daily and monthly trading statements for customers that transacted in Eurodollar Futures Contracts on the CME during the Relevant Period, January 1, 2003 through December 31, 2012, to provide documents sufficient to show the names and last known address of customers that purchased, sold or transacted in one or more Eurodollar Futures Contracts on the CME during the period January 1, 2005 through May 31, 2010.

All class members are urged to save their records or to request their records if they do not have them.

This firm is one of the Court appointed Co-Lead Counsel for the Plaintiffs. For more information, please contact Amanda N. Miller, Esq. (amiller@lshllp.com).