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In re: Aluminum Warehousing Antitrust Litigation

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Case overview

Case Number:

1:13-md-02481

Court:

New York Southern

Nature of Suit:

Anti-Trust

Multi Party Litigation:

Class Action, Multi-district Litigation

Judge:

Paul A. Engelmayer

Firms

Companies

Sectors & Industries:

  1. June 03, 2022

    Judge OKs Aluminum Antitrust Deal With JPMorgan, Goldman

    A New York federal judge has signed off on a deal between Goldman Sachs, JPMorgan and two major manufacturers of aluminum products to end claims that the Wall Street giants conspired with metal warehouses to "squeeze up the premiums" for the commodity.

  2. April 18, 2022

    Goldman Sachs, JPMorgan Near Aluminum Antitrust Deal

    Two aluminum purchasers asked a New York federal judge Monday for a three-week deadline pause while they hammer out the details of a settlement with all remaining defendants in a case accusing financial giants Goldman Sachs and JP Morgan of scheming with metal warehouses to raise the price of aluminum.

  3. February 17, 2021

    Goldman, JP Morgan Prevail Over Aluminum Antitrust Claims

    A New York federal court on Wednesday granted a win to big-name financial institutions, including Goldman Sachs and JP Morgan, over claims brought by aluminum buyers who accused the financial giants and metal warehouses of scheming to raise the price of the metal.

  4. December 17, 2020

    2nd Circ. Won't Review Aluminum Buyers' Cert. Denial

    The Second Circuit on Wednesday refused to consider an appeal challenging the denial of class certification for aluminum buyers who have accused financial giants and metal warehouses of scheming to raise the price of the metal.

  5. July 24, 2020

    Buyers Denied Cert. In Aluminum Antitrust MDL

    Aluminum buyers who have accused financial giants and metal warehouses of teaming up to hike the price of the metal have failed to convince a New York federal judge their issues are common enough to justify a class action.

  6. April 29, 2020

    Mining, Metal Cos. Can't Escape Aluminum Price-Fixing Suits

    A mining investment company and a metal producer can't get out from under a pair of suits by Fujifilm and Reynolds that are part of antitrust litigation accusing businesses of plotting to jack up aluminum prices, a New York federal judge has ruled.

  7. December 18, 2019

    Kodak Drops Some Claims In Aluminum Price-Fixing Suit

    Kodak has agreed to drop two sets of antitrust claims related to overseas transactions against JPMorgan, Goldman Sachs and others accused of scheming to jack up prices for aluminum, a New York federal judge said in an order Tuesday.

  8. August 27, 2019

    2nd Circ. Revives Aluminum Buyers' Antitrust Case

    The Second Circuit breathed new life Tuesday into an antitrust suit filed by Kodak and other aluminum buyers accusing financial firms including JPMorgan and Goldman Sachs of manipulating the metal's price, saying the trial court was wrong to find the purchasers lacked standing.

  9. January 03, 2017

    Aluminum Purchasers Appeal Antitrust Case To 2nd Circ.

    Four companies that failed to convince a New York federal court that Goldman Sachs and others manipulated the price of newly smelted aluminum by hoarding the metal in warehouses recently took their dismissed claims to the Second Circuit, according to court documents.

  10. November 30, 2016

    Kodak, Fujifilm, Others Get Aluminum Antitrust Claims Tossed

    A New York federal judge Wednesday dismissed some complaints in multidistrict litigation accusing Goldman Sachs and others of illegally manipulating aluminum prices, saying that Kodak, Fujifilm and others cannot sue because they do not operate in the aluminum warehousing market.

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