Frank Strangeman focuses on representation of investors and market participants in class action litigation involving antitrust violations and commodities manipulation. He has aided Lowey Dannenberg in the recovery of more than $1 billion in class settlements, including numerous class actions involving the manipulation of IBOR-denominated financial instruments.
Practice Focus
- Commodities manipulation
- Antitrust litigation
- E-Discovery management
- Settlement approval and administration
Representative Successes
- Secured $651.5 million in settlements between 2015 and 2023 on behalf of investors in Euribor-Based Derivatives harmed by Defendants’ alleged manipulation. FrontPoint Australian Opportunities Trust, et al. v. UBS AG, et al. (S.D.N.Y. 2013).
- Recovered $364.5 million in settlements between 2014 and 2024 on behalf of investors in Euroyen-Based Derivatives harmed by Defendants’ alleged manipulation. Sonterra Capital Master Fund Ltd. et al. v. UBS AG et al. (S.D.N.Y. 2015).
- Obtained over $185 million in settlements between 2018 and 2022 on behalf of investors in BBSW-Based Derivatives harmed by Defendants’ alleged manipulation. Dennis, et al. v. JPMorgan Chase & Co., et al. (S.D.N.Y.).