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Case Overview

Status:Status:Settled
Court:Court:Southern District of New York
Case Number:Case Number:13-cv-07789
Related Attorneys:Lead Attorneys:Karina Kosharskyy, Daniel Hume, Karen M. Lerner, Meghan Summers, Thomas W. Elrod
Related Practices:Related Practices:Antitrust, Commodities
KM acted as special fiduciary counsel for exchange-based investors for a putative class of investors alleging that major banks conspired to fix prices in the foreign exchange (FX) market, which harmed traders who transacted in FX futures and options on U.S.-based exchanges. The case resulted in partial settlements of more than $2.3 billion.