News
Supreme Court Denies Cert, Cementing Lowey’s Second Circuit Win in SIBOR
Lowey Dannenberg filed a proposed class action in July 2015 alleging that the 20 global financial institutions responsible for setting the Singapore Interbank Offered Rate (“SIBOR”) and the Singapore Swap Offer Rate (“SOR”) manipulated these benchmark rates to benefit...
Lowey Secures Preliminary Approval of $15.7 Million Settlement in In re JPMorgan Treasuries Futures Spoofing Litigation
On December 9, 2021, Judge Paul A. Engelmayer of the United States Court for the Southern District of New York granted preliminary approval of a $15.7 million dollar settlement in In re JPMorgan Treasuries Futures Spoofing Litigation, 20-cv-03515 (S.D.N.Y.). This...
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...
Lowey Secures $105 Million Recovery for BBSW Investors
On December 10, 2021, Plaintiffs in Dennis, et al. v. JPMorgan Chase & Co., et al., No. 16-cv-06496 (S.D.N.Y.) announced that they entered settlement agreements with Morgan Stanley, Morgan Stanley Australia Limited, Australia and New Zealand Banking Group...