By Vin Gurrieri (August 14, 2014, 5:41 PM EDT) -- The U.S. Judicial Panel on Multidistrict Litigation on Wednesday centralized in the Southern District of New York 18 investor suits accusing Deutsche Bank AG, Barclays Bank PLC and other financial institutions of plotting to manipulate gold prices.
The JPML's order brings together the 18 cases, all but one of which already are pending in the Southern District of New York, before U.S. District Judge Valerie E. Caproni. The panel also said it is aware of nine other federal court cases that could potentially become tag-along actions, according to the order.
"On the basis of the papers filed and the hearing session held,...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!