News

  • Dallas trial lawyer Warren Burns’ four-year-long contentious antitrust and commodities litigation against two London-based energy companies and a handful of their officials has resulted in a $16.5 million settlement. “We believe that this is a very good outcome for those businesses and individuals who were harmed by this market manipulation,” he said....

  • “This lack of precedent makes evaluating the strength of a CEA case more difficult and more unpredictable,” lawyers for the plaintiffs said in the filing. Another factor was a motion to dismiss the case filed by the defendants, in part raising issues involving the statute of limitations....

  • “We believe that this is a very good outcome for those businesses and individuals who were harmed by this market manipulation,” Warren Burns of Burns Charest LLP, co-lead counsel for the plaintiffs, said in a Thursday statement. “This was an extremely hard-fought case.”...

  • Two London-based companies and certain employees involved in trading West Texas Intermediate crude oil (WTI) and oil futures have agreed to pay $16.5 million to settle a lawsuit accusing the defendants of artificially manipulating the price of oil in order to reap huge profits....

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