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IN RE: Chicago Board Options Exchange Volatility Index Manipulation Antitrust Litigation
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June 15, 2018
JPML Bundles CBOE Index Manipulation Suits In Chicago
The Judicial Panel on Multidistrict Litigation on Thursday sent several suits alleging an unlawful manipulation of the Chicago Board Options Exchange's volatility index to Chicago federal court, saying the move will ensure efficiency and consistency while litigating the case's complex issues.
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May 31, 2018
JPML Eyes Sending VIX Suits To Ill. Despite Judge Shortage
The Judicial Panel on Multidistrict Litigation seemed unmoved Thursday by a request from investors alleging an unlawful manipulation of the Chicago Board Options Exchange's volatility index to consolidate similar suits in New York rather than Illinois given the number of bench vacancies on Chicago federal court.