July 26, 2019
After losing a bid to have the Second Circuit review the case, a group of major U.S. stock exchanges is back to denying market manipulation claims in litigation inspired by the high-frequency trading exposé "Flash Boys."
July 16, 2019
A New York federal judge said Tuesday that a group of major U.S. stock exchanges cannot ask the Second Circuit to weigh in on litigation inspired by the high-frequency trading exposé "Flash Boys" until his court is finished with the case.
July 11, 2019
Major U.S. stock exchanges said Wednesday that the survival of litigation accusing them of helping high-frequency traders get an unfair advantage creates legal questions that need to be addressed by an appeals court.
July 02, 2019
The pension funds behind litigation inspired by the high-frequency trading exposé "Flash Boys" asked a New York federal judge on Monday not to send their latest dismissal phase victory up to the Second Circuit.
June 18, 2019
A group of seven major U.S. stock exchanges are hoping the Second Circuit will take a second look at a consolidated group of class actions inspired by the high-frequency trading exposé "Flash Boys" that recently survived a dismissal bid.
May 28, 2019
A New York federal judge Tuesday said that a consolidated group of class actions accusing major U.S. stock exchanges of misleading investors about how they catered to high-frequency trading firms have shown enough factual evidence to survive a dismissal bid.
August 27, 2015
The prospects of "Flash Boys"-inspired litigation dimmed Wednesday when a New York federal judge ruled that stock exchanges have immunity from private suits claiming they helped high-frequency traders gain an unfair advantage in the marketplace, experts say.
June 18, 2015
Barclays PLC, the New York Stock Exchange, Nasdaq OMX Group Inc. and other defendants took their swings Thursday before a New York federal judge in a bid to knock out class actions claiming the British bank fleeced investors, with exchanges' help, using a high-speed trade system that secretly favored preferred clients.
April 20, 2015
A broker-dealer suing Barclays PLC in a consolidated suit alleging the British bank misled customers about the safety of its dark pool shot back Friday against Barclays' attempts to get certain of the broker-dealer's claims quashed, arguing that many of them rightly repeat allegations used by the New York attorney general in his suit against the bank last year.