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Case Overview

Status:Status:Pending
Court:Court:Southern District of New York
Case Number:Case Number:No. 15-cv-00994
Related Attorneys:Lead Attorneys:David E. Kovel
Related Practices:Related Practices:Antitrust, Commodities
KM represented individual traders alleging manipulation of silver futures spreads by JP Morgan. KM achieved a landmark appellate decision in this case establishing pleading standards for monopolization claims in futures markets, Wacker v. JP Morgan Chase & Co., 678 F. App’x 27 (2d Cir. 2017). The case preceded a related Department of Justice criminal investigation into JP Morgan that resulted in over $920 million in criminal penalties.