Kirby McInerney Appointed to Executive Committee in Precious Metals Futures Spoofing Case Against Bank of Nova Scotia10/15/2020
On October 15, 2020, the Honorable Michael A. Shipp of the United States Court for the District of New Jersey appointed Karen M. Lerner to the Executive Committee in In re Bank of Nova Scotia Spoofing Litigation, 20 Civ. 11059 (D.N.J.). The case originates from the Bank of Nova Scotia’s alleged price manipulation of gold and silver futures contracts traded on the Commodity Exchange, Inc. over the course of several years, which formed the basis of the bank’s recent settlement with the CFTC and the DOJ for $77.4 million.
Kirby McInerney Appointed Co-Lead Counsel in Treasury Futures Spoofing Case Against JPMorgan10/09/2020
Kirby McInerney was appointed as co-lead counsel in In re JPMorgan Treasury Futures Spoofing Litigation, 20 Civ. 03515 (S.D.N.Y.) by the Honorable Paul A. Engelmayer of the United States Court for the Southern District of New York on October 9, 2020. The case concerns the alleged long term manipulation of Treasury Futures that recently contributed to JPMorgan’s recent $920 million settlements with the DOJ, CFTC, and SEC.
Facilitating Tax Fraud? Sotheby's Faces New York False Claims Act Action12/23/2020 | Bloomberg Tax
New York state is going after businesses that help their clients and customers avoid taxes using the state’s False Claims Act. The targets include such esteemed businesses as Sotheby’s and its wealthy clients. Randall Fox of Kirby McInerney tells how Sotheby’s allegedly ran afoul of the Act and explains how the state is pursuing facilitators of tax fraud.
Judge Consolidated JPMorgan Spoofing Suits, Taps Counsel10/09/2020 | Law360
A New York federal judge on Friday consolidated seven proposed class actions alleging JPMorgan Chase has been illegally spoofing the futures market since 2009 and appointed Lowey Dannenberg PC and Kirby McInerney LLP as interim lead co-counsel.
In re Cathode Ray Tube (CRT) Antitrust Litigation, MDL No. 1917 (N.D. Cal. 2019)--
“Kirby played an integral role in this case and assumed significant risk… Kirby’s work was at a very high level [and] Kirby’s work greatly benefited the Class.”
Chill v. Calamos Advisors, LLC, No. 15-cv-01014 (S.D.N.Y. 2018)--
“Let me just say… that this has been an extraordinarily well-tried case. I want to thank counsel for both sides and your supporting staffs for your courtesies to the bench. I was very impressed by the fact that you were all so very well prepared with the demonstratives and the binders, etc…. it was all expertly – expertly – choreographed.”
Plaintiff / client, In re Pharmaceutical Industry Average Wholesale Price Litigation--
KM received the highest available commendations from the City of New York four years in a row for its work on the AWP Litigation. In each of those four years, KM’s efforts on the City’s behalf received the overall rating of “excellent”. The City elaborated, “Kirby did a truly excellent job and the results reflect that.”
European institutional defendant / client involved in a multi-million dollar arbitration--
“[KM] represented us diligently and successfully. Throughout [KM’s] representation of our firm, [KM’s] commitment and attention to client concerns were unimpeachable.”