June 25, 2025
A Chicago federal judge has certified a class of futures traders who claim Vega Capital London Ltd. and 12 of its traders caused a historic oil crash with an aggressive price manipulation scheme that resulted in oil futures going negative for the first time, saying the plaintiffs have met all the requirements for certification.
October 07, 2022
A London-based trading firm and 12 of its traders argued Friday that a coin dealer failed for the third time to plausibly allege that they caused a historic oil crash with an aggressive price manipulation scheme and should have its complaint permanently tossed.
November 30, 2020
A London-based firm that made more than $500 million in trading profits when U.S. oil prices went negative in April told an Illinois federal court it's not to blame for the historic demand slump, which it characterized as a byproduct of the coronavirus pandemic.
August 05, 2020
A London-based firm recently revealed to have made $500 million in trading profits when U.S. oil prices went negative in April has been accused in a civil lawsuit of causing the historic crash with an aggressive price manipulation scheme.