In today’s Manipulation Monitor post, we are taking a short break from covering the financial services industry to show that allegations of market manipulation in violation of antitrust law extends not just to the marketplace for notes, futures, options, government-backed bonds, commodities, or other financial products, but to the marketplace of ideas, i.e. social media and microblogging.
Schlam Stone & Dolan associate Alexandra Douglas discusses discovery disputes in stock loan litigation, Iowa Public Employees’ Retirement System et al., v. Bank of America Corporation, et al., 1:17-cv-6221 (KPF) (SDNY)
Today’s Manipulation Monitor post is an update on the summary judgment briefing in In re Aluminum Warehousing Antitrust Litigation, No. 13-MD-2481 (PAE) (S.D.N.Y.) . . .
Schlam Stone & Dolan associate Alexandra Douglas discusses the FDIC’s LIBOR-related action in the UK’s Chancery Division of the High Court of Justice of England and Wales.
In In re Aluminum Warehousing Antitrust Litigation (Direct Purchaser Plaintiffs), No. 14-cv-3116-PAE (S.D.N.Y.), United States District Judge Paul A. Engelmayer denied class certification based on the failure to plaintiffs’ expert to establish the predominance of common issues among the proposed class members regarding antitrust injury.
Here is an update regarding settlement in In Re: Libor-Based Financial Instruments Antitrust Litigation, 11-MD-02262 (“In re Libor“), the Multi-District Litigation in the Southern District of New York relating to relating to manipulation of LIBOR or the London Interbank Offered Rate for the U.S. dollar.