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Tag Archives: aluminum prices
Court Denies Aluminum Buyers’ Appeal Request for Class Action Lawsuit
Judges for the U.S. Court of Appeals for the Second Circuit have denied several aluminum buyers’ request to appeal a district court’s order denying a motion to certify a class action lawsuit. This is the latest in a years-long suit … Continue reading
Posted in Featured News, News, Today's News
Tagged aluminum, aluminum prices, Goldman Sachs, J.P. Morgan Securities, legal news
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Banks File Motion for Summary Judgment in Aluminum Price Manipulation Case
Banks and aluminum warehouses accused of intentionally inflating prices in the primary aluminum market have submitted a memorandum in support of their motion for summary judgment against all “umbrella” claims made by the plaintiffs. They were accused by first level … Continue reading
Posted in Featured News, News, Today's News
Tagged aluminum, aluminum prices, Ampal, Century Aluminum, Glencore, Goldman Sachs, J.P. Morgan Securities, legal news, Pacorini Metals
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District Court Denies Class Action Certification in Aluminum Price Manipulation Case
A judge for the U.S. District Court for the Southern District of New York has denied the motion put forth by a group of aluminum buyers to certify a class action lawsuit. The plaintiffs, referred to as first level purchasers … Continue reading
AEC: U.S. Faces Possible Aluminum Shortage Due to Russian Sanctions, Tariffs
The Aluminum Extruders Council (AEC) is calling on Washington, D.C., to exclude from tariffs all countries from which the domestic extrusion industry can import primary aluminum until the administration can guarantee a sufficient domestic supply. The AEC cites a disruption … Continue reading
