City of Providence, Rhode Island v. Bats Global Markets, Inc. et al

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Case Number:

1:14-cv-02811

Court:

New York Southern

Nature of Suit:

Securities/Commodities

Multi Party Litigation:

Class Action

Judge:

Jesse M. Furman

Firms

Companies

Sectors & Industries:

  1. March 28, 2022

    Exchanges Defeat Revived 'Flash Boys'-Inspired Suits

    A New York federal judge dismissed long-running securities litigation against seven major U.S. stock exchanges on Monday, finding that investors hadn't shown how they were harmed by market advantages the exchanges allegedly provided to high-frequency trading firms.

  2. September 25, 2015

    High-Frequency Trading Suit Appealed To 2nd Circ.

    Lead plaintiffs from the dismissed multidistrict litigation alleging exchanges and dark pools have given high-frequency trading firms market advantages, a scheme made prominent by Michael Lewis' book, "Flash Boys," told a New York federal court on Thursday that they plan to appeal to the Second Circuit.

  3. August 26, 2015

    Barclays, Exchanges Get High-Frequency Trading Suits Nixed

    A New York federal judge dismissed five cases Wednesday alleging exchanges and dark pools, including one operated by Barclays PLC, have given high-frequency trading firms market advantages, claims spotlighted by Michael Lewis' 2014 book, "Flash Boys."

  4. November 04, 2014

    Exchanges Say SEC OK'd Their Part In High-Frequency Trading

    A group of exchanges facing charges they gave preferential treatment to high-frequency traders fired back against investors in New York federal court Monday, arguing that the allegedly illegal conduct they engage in has been approved by the U.S. Securities and Exchange Commission.

  5. September 03, 2014

    Investors Consolidate Suits Over High-Frequency Trading

    Four separate groups of investors suing Nasdaq OMX, NYSE Arca, and Barclays have banded together, filing a consolidated complaint in New York federal court Tuesday that weaves together their allegations of preferential treatment of high-frequency traders.

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