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In re: Aluminum Warehousing Antitrust Litigation

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Case overview

Case Number:

1:13-md-02481

Court:

New York Southern

Nature of Suit:

Anti-Trust

Multi Party Litigation:

Class Action, Multi-district Litigation

Judge:

Paul A. Engelmayer

Firms

Companies

Sectors & Industries:

  1. December 09, 2014

    LME, Others Fight Alumnum Buyers' Bid To Revive Suit

    LME Holdings Ltd., owner of the London Metal Exchange, and others urged a New York federal judge Monday not to allow aluminum buyers to amend their complaints in antitrust multidistrict litigation over warehousing rates for the metal, with LME saying that U.S. courts lack jurisdiction over the company in the case.

  2. November 24, 2014

    Aluminum MDL Plaintiffs May Refer To Critical Senate Report

    Aluminum buyers seeking to revive claims that JPMorgan Chase & Co., Goldman Sachs Group Inc. and others manipulated supply to inflate prices can reference recent U.S. Senate findings about the banks' roles in commodities markets in upcoming briefings, a Manhattan federal judge said Monday.

  3. November 10, 2014

    LME Still Doesn't Belong In Antitrust MDL, Judge Says

    A New York federal judge has refused to reconsider her dismissal of the London Metal Exchange from antitrust multidistrict litigation over aluminum warehousing rates, letting stand a ruling that the exchange was protected as an organ of the U.K. government.

  4. October 08, 2014

    Aluminum Buyers Can Add LME Fact Allegations To MDL

    A New York federal judge ruled Tuesday that plaintiffs seeking reconsideration on her decision to dismiss the London Metal Exchange from antitrust multidistrict litigation over aluminum warehousing rates may add new factual allegations about the exchange's role in the alleged scheme in their proposed amended complaints.

  5. September 24, 2014

    Buyers To Appeal Dismissals In Aluminum Warehouse MDL

    Plaintiffs who have accused Goldman Sachs Group Inc., JPMorgan Chase & Co. and others of conspiring to manipulate the supply of aluminum to increase its price are appealing the recent dismissal of their multidistrict litigation, according to notices filed in New York federal court Wednesday.

  6. September 09, 2014

    US Companies Want UK Metal Exchange Back In Antitrust Suit

    U.S. aluminum purchasers on Monday asked a New York federal judge to reconsider her decision to dismiss the London Metal Exchange from antitrust multidistrict litigation on sovereign immunity grounds, saying new Supreme Court precedent changes the outcome.

  7. August 29, 2014

    Goldman, JPMorgan, Others Dodge Aluminum Warehouse MDL

    A New York federal judge on Friday freed Goldman Sachs Group Inc., JPMorgan Chase & Co. and others from multidistrict litigation alleging they conspired to manipulate the supply of aluminum to inflate its value, ruling that the plaintiffs lack antitrust standing and haven't sufficiently pled the existence of a conspiracy.

  8. June 17, 2014

    Hong Kong Firm Denies US Link in Aluminum Antitrust MDL

    Hong Kong Exchanges & Clearing Ltd. on Monday asked a New York federal court to toss claims against it in the ongoing aluminum warehousing antitrust multidistrict litigation, saying the court has no jurisdiction over it because it has little to no connections with the United States.

  9. June 03, 2014

    London Metal Exchange Fights To Exit Aluminum Antitrust MDL

    The London Metal Exchange on Tuesday tried to dismiss multidistrict aluminum price-fixing litigation brought against it, Goldman Sachs Group Inc. and others by commercial purchasers, saying that it is an arm of a sovereign body and its regulatory actions are exempt from litigation.

  10. May 29, 2014

    Aluminum MDL Plaintiffs Defend Antitrust Suit Against Banks

    A slew of plaintiffs accusing JPMorgan Chase & Co., Goldman Sachs Group Inc. and the London Metal Exchange of scheming to raise aluminum prices asked a New York federal court on Tuesday not to dismiss their state and federal claims, arguing that they had factually backed up their allegations that the defendants conspired to stockpile the metal.