Amaranth Plaintiffs Make Bid For Certification

Law360, New York (October 16, 2009, 3:47 PM EDT) -- Having survived a motion for dismissal, the plaintiffs in a putative class action against Amaranth Advisors LLC over alleged energy market manipulation have revealed their intention to seek class certification.

On Thursday, the plaintiffs, a group of New York Mercantile Exchange gas futures holders, filed a notice of motion in the U.S. District Court for the Southern District of New York, promising to follow up with a certification bid in the near future.

“This court’s lengthy decisions resolved favorably to plaintiffs literally dozens of questions of...
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