News
Fideres Hosts Seminar On The Current Framework For Securities Litigation In Germany
Yesterday, Fideres hosted a seminar on the current framework for securities litigation in Germany. The seminar covered the basis for claims (tort a...
Plaintiffs’ counsel Lowey Dannenberg retained Fideres to provide financial expertise and develop a plan of allocation in this financial market manipulation case.
Plaintiffs alleged that defendants JPMorgan and three of JPMorgan’s former futures traders unlawfully and intentionally manipulated the prices of precious metals futures and options though a practice known as “spoofing.” This involved placing multiple fictitious orders with the aim of moving prices in the desired direction. Plaintiffs alleged that this caused harm to traders and investors who traded at manipulated prices.
Fideres provided consulting expert work including identifying potential spoof trades by the defendants, estimating the impact of defendants’ alleged conduct on each affected instrument, and developing a plan of allocation for the Plaintiffs harmed by the conduct.
The case settled for USD 60m in February 2022.
Yesterday, Fideres hosted a seminar on the current framework for securities litigation in Germany. The seminar covered the basis for claims (tort a...
Alberto Thomas, Co-Founder and Managing Partner of Fideres, has published an op-ed in the Legal Funding Journal proposing fundamental reforms to UK...
Fideres is excited to welcome Professor Abraham Wickelgren as an Academic Affiliate. Professor Abraham Wickelgren is the Fred and Emily Wulff Chair...
We care about the protection of your data. Read our Privacy Policy.