Representing Class Members in Violation of Federal Antitrust Law and the Commodity Exchange Act

Representing class members and serving as co-lead counsel in a lawsuit filed on behalf of a class of plaintiffs who traded light sweet crude oil, heating oil, and gasoline futures and options contracts on the New York Mercantile Exchange (“NYMEX”) at manipulated prices after defendant, Optiver (a global proprietary trading fund), and other related persons, successfully implemented an unlawful trading scheme to manipulate the settlement prices of these three types of futures contracts traded on the NYMEX in violation of federal antitrust law and the Commodity Exchange Act.

Representing class members and serving on the Executive Committee in a lawsuit filed on behalf of a proposed class of traders who transacted in West Texas Intermediate (“WTI”) crude oil futures and options contracts on the New York Mercantile Exchange (“NYMEX”) and InterContinental Exchange (“ICE”), alleging that defendants intentionally and unlawfully manipulated the prices of WTI crude oil futures and options contracts in violation of federal antitrust law and the Commodity Exchange Act.

Representing class members and serving on the Executive Committee in the lawsuit filed on behalf of a proposed class of traders who purchased long positions in cotton futures contracts traded on ICE. The complaint alleges that Defendants intentionally and unlawfully engaged in an upward manipulation of the prices of ICE cotton futures contracts in violation of federal antitrust law and the Commodity Exchange Act.

Past results are reported to provide the reader with an indication of the type of litigation we practice. They do not and should not be construed to create an expectation of result in any other case, as all cases are dependent upon their own unique fact situation and applicable law.
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