News

On September 13, 2019, Judge Alison J. Nathan appointed Lowey Dannenberg as interim co-lead class counsel in the consolidated class action In re Merrill, BofA, and Morgan Stanley Spoofing Litigation, 19-cv-6002 (S.D.N.Y.). The case alleges that Merrill Lynch, Bank of America, and Morgan Stanley, manipulated the prices of precious metals futures and options traded on the New York Mercantile Exchange (“NYMEX”)…

On September 11, 2019 Judge George B. Daniels granted preliminary approval to an additional $71 million in settlements with banks allegedly involved in a conspiracy to manipulate the Yen London Interbank Offered Rate ("Yen LIBOR") and Euroyen Tokyo Interbank Offered Rate ("Euroyen TIBOR"). These settlements resolve claims against Sumitomo Mitsui Trust Bank, The Bank of Yokohama Ltd., Shinkin Central Bank,…

Rockefeller University Hospital’s investigation concedes the decades long abuse of children by its physician.  Barbara J. Hart, Lowey Dannenberg’s President, who represents many of the former patients commented on the Hospital’s concession in a report published yesterday in the The Chief.  Ms. Hart stated: “The report concedes both his reprehensible conduct and the fact that they should have known and…

On May 17, 2019, Judge P. Kevin Castel granted Final Approval of Plaintiffs’ $182.5M settlement with Citibank and JPMorgan Defendants in Sullivan v. Barclays PLC, et. al., 13-cv-02811 (S.D.N.Y.). The settlement resolves claims against the banks related to alleged manipulation of the Euro Interbank Offered Rate (“Euribor”). This settlement brings the total amount that Lowey has recovered on behalf of…

Rockefeller University Hospital’s investigation concedes the decades long abuse of children by its physician.  Barbara Hart, Lowey's President, who represents many of the former patients commented on the Hospital’s concession in a report published yesterday in the Gothamist.  Click the link below to read the full story: http://www.gothamist.com/2019/05/24/dr_archibald_sex_abuse.php