James Pedersen is an associate at Lowey Dannenberg’s New York office where his practice areas include antitrust, consumer protection, and securities fraud litigation. 

Notable Cases:

Bond Rigging: Mr. Pedersen was involved with In re GSE Bonds Antitrust Litigation, No. 1:19-CV-01704 (S.D.N.Y.), a class actions bringing claims against large financial institutions for rigging the market for unsecured bonds issued by U.S. government-sponsored enterprises, such as Fannie Mae and Freddie Mac. On behalf of the class, Plaintiffs have reached agreements to settle the claims for a total recovery of $386.5 million. Mr. Pedersen is currently part of the team for In re Mexican Government Bonds Antitrust Litigation, No. 1:18-CV-02830 (S.D.N.Y.), which similarly involved a conspiracy between several major financial institutions to rig the market for Mexican government-issued bonds.

Benchmark Manipulation: Mr. Pedersen took part in Dennis et al. v. JPMorgan Chase & Co. et al., No. 1:16-CV-06496 (S.D.N.Y.), which brought claims against prominent financial institutions for manipulating the Bank Bill Swap Reference Rate, an Australian dollar benchmark. As part of this action, Lowey Dannenberg has already agreed to settle the claims against JPMorgan Chase & Co. and its affiliates for a total of $7 million.

Consumer Protection: Mr. Pedersen is part of the team working on In re Apple Processor Litig., Case No. 18-cv-0147 (N.D. Cal.), a proposed class action against Apple for misleading consumers and selling products with defective processors.

Background:

Prior to joining Lowey Dannenberg, Mr. Pedersen served as an extern clerk to the Honorable Nicholas Garaufis of the U.S. District Court for the Eastern District of New York. He also worked as an intern for the Litigation Department of the New York State Attorney General’s Office.

During law school, Mr. Pedersen was a Harlan Fiske Stone Scholar, a research assistant, and a member of the Columbia Science and Technology Law Review.