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.
Posted: November 11, 2020
Blogs
Posted: October 28, 2020
Class Cert Denied in In Re Aluminum Warehousing Antitrust Litigation
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.
Posted: October 23, 2020
LIBOR Class Action: Settlement Update
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.
Posted: October 1, 2020
Preliminary Approval Given For SSA Bond Settlement Allocation Plan
The Manipulation Monitor has published the latest in a series of posts about In re SSA Bonds Antitrust Litig., 16-cv-3711 (ER) . . .
Posted: September 16, 2020
SOS to GSEs: A Wrap-Up
Alexandra Douglas provides an update on the antitrust class action concerning manipulation of the market for bonds issued by government-sponsored enterprises, including the settlement of that action . . .
Posted: September 2, 2020
Precious Metals Market Manipulation Update
Schlam Stone & Dolan partner Tom Kissane discusses appeals and cross-appeals taken from two decisions rendered by United States District Judge Gregory Woods in In re: Platinum and Palladium Antitrust Litigation, 1:14-cv-09391 (S.D.N.Y.) . . .
Posted: August 28, 2020
Update on Alleged Manipulation of the Market for Mexican Government Bonds
Schlam Stone & Dolan attorney John Whelan has posted an update on events in the consolidated actions in the Southern District of New York before Judge Oetken known as In re Mexican Government Bonds Antitrust Litigation, 18-cv-02830 (In re MGB), which relates to allegations of a conspiracy among several banks to inflate the price of Mexican Government Bonds, debt securities issued by the Mexican government at regularly scheduled weekly auctions . . .
Posted: August 12, 2020
SSA Bond Litigation Update: Remaining Claims Dismissed
Schlam Stone has written an update on decisions in In re SSA Bonds Antitrust Litig. . . .
Posted: July 29, 2020
The VIX Is Fixed?! Judge Shah Remains Unconvinced
In our most recent post on alleged VIX manipulation, we look at: the outcome of motion to dismiss 2.0; exactly what’s going on on the appeals front; and just who those Doe defendants might be . . .
Posted: July 15, 2020
Court Denies Motion to Dismiss on Jurisdictional Grounds in In re Aluminum Warehousing Antitrust Litigation
In FujiFilm Manufacturing, U.S.A., Inc. v. Goldman Sachs & Co., 15 CV 8307, decided under In re Aluminum Warehousing Antitrust Litigation, 13 MD 2481, United States District Judge Paul A. Engelmayer of the Southern District of New York issued a decision denying a motion to dismiss brought under Fed. R. Civ. P. 12(b)(2) by two foreign affiliates of other defendants, based on his finding that the foreign affiliates were alleged to have sufficient contacts with the United States relating to plaintiff’s claim . . .