News
Lowey Appointed Lead Counsel in JPMorgan Precious Metals Spoofing Case
On February 5, 2019, Judge John G. Koeltl appointed Lowey Dannenberg as interim class counsel in the consolidated class action In re JPMorgan Precious Metals Spoofing, 18-cv-10356 (S.D.N.Y.). The case alleges that JPMorgan manipulated the prices of platinum...
Lowey Appointed Co-Lead Counsel in Papa John’s No-Hire Case
On January 28, 2019, Judge Joseph H. McKinley Jr. appointed Lowey Dannenberg as interim co-lead counsel in the consolidated class action In Re: Papa John’s Employee and Franchisee Employee Antitrust Litigation, 3:18-cv-825 (W.D....
Lowey Wins $7 Million Settlement for Investors in BBSW
In November 2018, Judge Lewis A. Kaplan preliminarily approved a $7 million settlement with JPMorgan for U.S. investors who traded in or held Australian Bank Bill Swap Reference Rate (BBSW) based derivatives. BBSW is intended to represent the cost of borrowing funds...
Lowey recovers $491.5 million for Euribor derivatives investors with addition of new settlements
On November 21, 2018, Lowey announced that Plaintiffs in Sullivan v. Barclays PLC, et. al., 13-cv-02811 (S.D.N.Y.) had reached settlements with Defendants JPMorgan and Citibank to resolve claims related to their alleged manipulation of the Euro Interbank Offered Rate...