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
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