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.

Please contact Vincent Briganti (vbriganti@lowey.amgdigital.solutions) or Raymond Girnys (rgirnys@lowey.amgdigital.solutions) with any questions.

You can learn more about Lowey’s pioneering commodities practice, including other spoofing cases, here: https://lowey.amgdigital.solutions/commodities/