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STERK et al v. THE BANK OF NOVA SCOTIA et al
Case Number:
3:20-cv-11059
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Brown & Connery
- Carella Byrne
- Gibbons PC
- Kessler Topaz
- Kirby McInerney
- Krieger Lewin
- Robins Kaplan
- Scott&Scott
- Weiss Law
- WilmerHale
Companies
Sectors & Industries:
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May 15, 2023
Judge Gives First OK To $6.6M Scotiabank 'Spoofing' Deal
A New Jersey federal judge gave the first green light to a $6.6 million settlement between a class of commodities traders and The Bank of Nova Scotia, also called Scotiabank, to resolve claims that the bank's traders manipulated the precious metals futures market through a spoofing scheme over an eight-year period ending in 2016.
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November 03, 2022
Traders, Scotiabank Ink $6.6M Deal Over Spoofing Scheme
A proposed class of commodities traders has asked a New Jersey federal judge to give an initial nod to a $6.6 million settlement with Scotiabank over allegations that its traders manipulated the precious metals futures market through a spoofing scheme over an eight-year period ending in 2016.
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August 05, 2022
Scotiabank Will Settle Investors' Metals Spoofing Claims
Scotiabank told a New Jersey federal judge on Friday that it has reached an agreement to settle a proposed class action tied to allegations of precious metals futures spoofing that previously led to a $127 million deal between the bank and the U.S. government.
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August 21, 2020
Traders Sue Scotiabank After $127M Spoofing Deal With DOJ
A pair of commodities traders sued Scotiabank on Friday after the Toronto-based bank admitted in a $127 million settlement with the U.S. government to an eight-year scheme to manipulate the market for precious metals futures contracts.