May 04, 2026
A hedge fund that is suing units of Bank of America and Canadian Imperial Bank of Commerce for alleged spoofing by their clients has told a New York federal court that a recent decision to exclude the hedge fund's damages expert doesn't doom its case, pushing back on a bid from the banks for an end to the litigation.
October 09, 2024
Broker-dealer affiliates of TD Bank will no longer face a hedge fund's claims that they manipulated markets by placing trade orders they never intended to fulfill, the parties told a Manhattan federal judge.
September 29, 2023
A New York federal judge has again refused to dismiss a hedge fund's spoofing claims against the U.S. and Canadian securities arms of three major financial institutions, ruling that the fund pointed to specific examples of the alleged misconduct and evidence suggesting the banks knew what they were doing.
February 10, 2022
A New York federal judge is not letting the U.S. and Canadian securities arms of three major financial institutions shake a hedge fund's allegations that they engaged in spoofing, although she did dismiss claims that the firms used naked short selling to drive down a company's share price.
January 29, 2021
A Bermuda-based hedge fund has accused several major financial institutions' U.S. and Canadian securities arms of engaging in spoofing and naked short-selling, alleging in a new Manhattan federal court lawsuit that their tactics caused it to suffer losses in the tens of millions of dollars back in 2016.