Tag Archives: J.P. Morgan Securities

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

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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

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