2nd Circ. Asked To Revive KeySpan Price-Fixing Suit

Law360, Los Angeles (September 15, 2011, 7:27 PM EDT) -- A class of New York City energy customers urged the Second Circuit on Wednesday to overturn a lower court's decision to toss an antitrust suit accusing KeySpan Corp. and Morgan Stanley Capital Group Inc. of conspiring to keep power prices artificially inflated.

In an appeal brief filed in the Second Circuit, lead plaintiff Charles Simon said the lower court erred by applying the filed-rate doctrine in relation with the Federal Power Act, which would preclude a damages award under antitrust laws where recovery is based on...
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