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Third Fifth Bancorp (FITB)
Securities
By Andrea Farah
Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors, is investigating Third Fifth Bancorp (NASDAQ: FITB) (“Third Fifth Bancorp” or the “Company”) for potential breaches […]
SIBOR/SOR
Antitrust, Commodities, Notable
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 […]
London Silver
Antitrust, Commodities, Notable
Lowey Dannenberg was appointed co-lead counsel in a class action, alleging that a group of 8 major financial institutions colluded to fix the outcome of the London Silver Fix, a […]
News
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.
Blog
Elon Musk’s Tweets and Popular Cryptocurrencies
Back in 2018, the Securities and Exchange Commission settled a securities fraud charge with Tesla and Elon Musk. The charge arose as a result of a Musk tweet that he had secured funding to take Tesla private, causing Tesla’s stock price to soar. The settlement resulted in a $20 million fine for...