In re Commodity Exchange, Inc., Gold Futures and Options Trading Litigation,
No. 14-md-02548 (S.D.N.Y.).  

Case Overview

Status:Pending
Court:Southern District of New York
Case Number:14-md-02548
Related Attorneys:Karen M. Lerner, David E. Kovel
Related Practices:Commodities
KM acted as class counsel on behalf of a putative class of investors alleging a scheme by major banks to manipulate the global benchmark price of gold, which harmed traders who transacted in gold futures and options on U.S.-based exchanges. The case resulted in settlements totaling $152 million.