BENCHMARK MANIPULATION

Since 2012, Fideres has been at the forefront of litigation in financial benchmark litigation matters across multiple jurisdictions. Our work in this area includes: uncovering evidence of manipulation and collusive patterns, quantify damages and producing expert reports for class actions disputes. Among others, our work includes the original investigation that led to the discovery of manipulation of the ISDAfix benchmark and the Gold Fix benchmark. Sample cases include:

AAA

  • Gold fixing manipulation class action, US – pre-filing economic analysis including plus factors and damages modelling, 14-md-02548-VEC

  • Silver fixing manipulation class action, US – pre-filing economic analysis including plus factors and damages modelling, 4-mc-02573-VEC

  • Precious metal futures spoofing class action, US – pre-filing economic analysis including plus factors and damages modelling, 1:18-cv-10356

  • VIX manipulation class action, US – 1:18-cv-02435

  • XIV manipulation class action, US – 1:18-cv-02268-AT-SN

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

  • CDOR benchmark manipulation antitrust class action, US – pre-filing analysis to identify evidence of manipulation, 1:18-cv-00342-AT-SN

  • Swiss Libor benchmark manipulation class action, US – expert appointment for the design of the plan of allocation, 1:15-cv-00871-SHS

  • SIBOR benchmark manipulation class action, US – expert consulting appointment for the design of the plan of allocation, 1:16-cv-05263-AKH

  • E-mini futures spoofing class action, US – expert appointment to develop evidence of collusion and market manipulation, design plan of allocation, 1:18-cv-07041

  • ISDAfix manipulation class action, US – expert consulting appointment for class certification and design of plan of allocation, 14-cv-7126 / 1:14-cv-07126-JMF

  • LIBOR manipulation class action, US – expert consulting appointment for class certification and design of plan of allocation, 1:11-md-02262