FINANCIAL MARKETS

Since the 2008-09 financial crisis, Fideres has historically taken a leading role in the discovery, analysis, and settlement of cases in financial markets, and finance remains the core area of our expertise. Our work has driven cases ranging from the coordinated manipulation of interest rate benchmarks to the inflation of prices in foreign exchange markets to the mis-selling of key debt instruments. Investigations by Fideres continue to shed light on the often subtle ways in which bad actors in this sector collude to game markets and mislead investors. Sample cases include:

AAA

  • LIBOR benchmark manipulation class action, US – expert consulting appointment on class certification expert report, 1:11-md-02262

  • Credit default swaps antitrust class action, US – pre-filing economic analysis and damages modelling, 1:13-md-02476

  • ISDAFIX benchmark manipulation class action, US – pre-filing economic investigation and class certification expert report, 1:14-cv-07126-JMF-OTW

  • Gold fixing manipulation antitrust class action, US – pre-filing economic analysis to identify evidence of collusion and price fixing, 1:14-md-02548-VEC

  • Interest rate swaps mis-selling cases, England – Graiseley Properties Limited and others v. Barclays Bank PLC, EWHC 3093, 2012 FOLIO 1259

  • Interest rate swap mis-selling, England – expert witness report, The Sisters of the Charity of Jesus and Mary v. Morgan Stanley, case no. 2010/960

  • Cross currency swap and interest rate swaps mis-selling, China – expert witness report, Deutsche Bank (China) v. Bright Food Hong Kong, EWHC 3543 (Comm) and CL-2017-000326

  • US treasury auctions antitrust class action, US – pre-filing economic analysis, 1:16-cv-05437

  • Sovereign and supranational bonds market manipulation opt-outs, US – antitrust class action, 1:16-cv-03711-ER

  • BBSW market manipulation investigation by securities regulator, Australia – analysis of trading records to identify instances of market manipulation, VID197/2016

  • Foreign exchange market manipulation, economic analysis for group opt-out, US – antitrust class action, 1:18-cv-10364-LGS

  • Foreign exchange market manipulation antitrust class action, Canada – pre-filing economic analysis to identify evidence of collusion and expert consulting work for the class certification report, CV-15-536174-00CP