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Value Recovery Fund LLC v. JPMorgan Chase & Co. et al

  1. April 18, 2016

    Quinn, Pearson Get $253M In $1.86B Deal Ending CDS Action

    A New York federal judge gave final approval Monday to a $1.86 billion settlement in a class action that alleged Citigroup Inc. and others rigged the credit default swaps market, a deal that includes $253.8 million in fees for Quinn Emanuel Urquhart & Sullivan LLP and Pearson Simon & Warshaw LLP.

  2. January 29, 2016

    CORRECTED: Quinn, Pearson Seek $254M In Fees In Banks' CDS Suit Deal

    Quinn Emanuel Urquhart & Sullivan LLP and Pearson Simon & Warshaw LLP asked a New York federal judge Friday for $253.8 million in attorneys' fees after a judge preliminarily approved a $1.86 billion settlement in a class action claiming Citigroup Inc. and others rigged the credit default swaps market. (Correction: An earlier story misstated the amount of attorneys’ fees sought by plaintiffs’ counsel. The error has been corrected.)

  3. July 17, 2013

    JPMorgan, Citi, Others Thwarted CDS Competition, Suit Says

    JPMorgan Chase & Co., Citigroup Inc. and others were hit Tuesday in New York federal court with a putative class action alleging they thwarted competition in the credit default swap market, the latest of multiple court and regulatory actions involving similar claims.