MB AL CONF: Lawsuits against LME will be hotly contested by plaintiffs

The five class action lawsuits filed against the London Metal Exchange, Goldman Sachs and others will be hotly contested by plaintiffs, delegates at Metal Bulletin’s 28th Aluminium conference in Geneva heard.

“Class actions are multiple claims brought in one action. It’s a very determinative step, it’s very protracted and its expensive,” John Whittaker, partner and head of commodities at Clyde & Co, said. “The defendants will be hotly contesting the certification.” Under the Sherman Anti-trust act...


Jethro Wookey

September 18, 2013

17:27 GMT