Lowey Secures Preliminary Approval of $60 Million Settlement in In re JPMorgan Precious Metals Spoofing Litigation

On December 20, 2021, Judge Gregory H. Woods of the United States Court for the Southern District of New York granted preliminary approval of a $60 million dollar settlement in in In re JPMorgan Precious Metals Spoofing Litigation, 18-cv-10356 (S.D.N.Y.). This settlement resolves claims against JPMorgan for the alleged manipulation of the precious metals futures market.

Please contact Vincent Briganti (vbriganti@lowey.com) or Raymond Girnys (rgirnys@lowey.com) with any questions.

You can learn more about Lowey’s pioneering commodities practice, including other spoofing cases, here: https://lowey.com/commodities/

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