In re LIBOR-Based Financial Instruments Antitrust Litigation,
No. 11-md-02262 (S.D.N.Y.).
Case Overview
| Status: | Status: Settled |
| Court: | Court: Southern District of New York |
| Case Number: | Case Number: 11-md-02262 |
| Related Attorneys: | Lead Attorneys: David E. Kovel, Karen M. Lerner, Thomas W. Elrod, Andrew M. McNeela, Meghan Summers, Anthony E. Maneiro, Karina Kosharskyy, Beverly Mirza |
| Related Practices: | Related Practices: Antitrust, Commodities |
KM filed the first LIBOR manipulation lawsuit on behalf of investors and currently serves as court-appointed co-lead counsel for the exchange-based class alleging the fixing of prices of a benchmark interest rate. The case has resulted in partial settlements of $187 million, which combined represent the largest recovery in a “futures-only” commodities class action litigation.