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JPMorgan reaches $60M settlement in precious metals futures spoofing case

From fxnewsgroup.com

A class action alleging JPMorgan violated the Commodity Exchange Act and the common law by intentionally manipulating the prices of Precious Metals Futures is close to its end, as indicated by a proposed order of settlement filed on November 19, 2021 in the New York Southern District Court. The document, seen by FX News Group, represents a request by the plaintiffs: Dominick Cognata, Melissinos Trading, LLC, Casey Sterk, Kevin Maher, Kenneth Ryan, Robert Charles Class A, L.P., Robert L. Teel, Mark Serri, Yuri Alishaev, Abraham Jeremias, and Morris Jeremias, to the Court to issue an order for preliminary approval of ... (full story)

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