Fallout From The KeySpan Swap Case

Law360 ( October 12, 2010, 12:48 PM EDT) -- Despite agreement on a $12 million stipulation by KeySpan Corp. with the U. S. Department of Justice settling allegations that KeySpan used a financial swap to increase prices in New York City's electricity markets in violation of the Sherman Act, the fallout from those allegations continues with the filing of a new putative antitrust class action against KeySpan and Morgan Stanley seeking at least $118 million on behalf of customers who allegedly paid higher retail electricity rates due to the KeySpan swap at issue. . . .

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

This past year, a handful of attorneys secured billions of dollars in settlements and judgments for both classes and individual plaintiffs against massive companies and organizations like Facebook, Dell, the National Association of Realtors, Johnson & Johnson, UFC and Credit Suisse, earning them recognition as Law360's Titans of the Plaintiffs Bar for 2025.