BigLaw Triumvirate Leads US Securities Antitrust MDL

By Dorothy Atkins (August 23, 2017, 9:37 PM EDT) -- A New York federal judge on Wednesday appointed three BigLaw firms to serve as lead counsel in multitrillion-dollar litigation accusing Goldman Sachs Group Inc., Barclays Capital Inc. and 18 other financial giants of rigging the $13 trillion market for securities sold by the U.S. Department of the Treasury.

Quinn Emanuel Urquhart & Sullivan LLP, Cohen Milstein Sellers & Toll PLLC and Labaton Sucharow LLP will lead class actions that have been centralized in New York's Southern District before U.S. District Judge Paul G. Gardephe. To date, more than 48 putative class action complaints have been filed that allege banks conspired to...

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