Copper Antitrust Suit Rolls To Trial

Law360, New York (May 2, 2007, 12:00 AM EDT) -- J.P. Morgan Chase & Co. will go to trial later this month over allegations that it conspired with Tokyo-based trading company Sumitomo Corp. to “squeeze” the market and raise prices for Sumitomo’s copper holdings.

Last week, Judge Barbara B. Crabb of the U.S. District Court for the Western District of Wisconsin denied J.P. Morgan’s motion for summary judgment, saying there was sufficient evidence for the case to go to trial.

The trial has been set for May 29. Now, the 20 or so plaintiffs in the...
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