More than 50 years of landmark results

Since 1967, Lowey Dannenberg has represented investors and major corporations in complex litigation, recovering billions of dollars on their behalf.

Professional Recommendations

“[Lowey Dannenberg] has considerable experience in litigating ‘some of the largest class actions throughout the country.’ . . . . The quality of their representation is also evidenced by the fact that Class Members, including sophisticated institutional investors, have not objected to the Settlement. The Court has no reason to doubt the quality of their representation.”

Hon. Gregory H. Woods, July 7, 2022 Fairness HearingTranscript, at p. 24 in In re JPMorgan Precious Metals Spoofing Litigation 18 Civ. 10356 (S.D.N.Y.)

“The court appreciates class counsel’s taking on these challenges and class counsel’s able navigation of these hard problems, in developing the case on behalf of the putative class, and in bringing contentious settlement negotiations to a successful outcome.

I might add too that the settlement was not only successful. Compared with many analogous cases, it was also prompt, a fact that brings obvious advantages to the class.”

Hon. Paul Engelmayer, May 31, 2022 Fairness Hearing Transcript, at p. 30 in In re JPMorgan Treasury Spoofing Litigation, 20 Civ. 3515 (S.D.N.Y.)

Recent Cases

SIBOR/SOR

Commodities, Notable

Lowey Dannenberg filed a proposed class action in July 2015 alleging that the 20 global financial institutions responsible for setting the Singapore Interbank Offered Rate (“SIBOR”) and the Singapore Swap Offer Rate (“SOR”) manipulated these benchmark rates to benefit their own derivatives positions at the expense of U.S. investors.

Swiss Franc LIBOR

Commodities, Notable

In February 2015, Lowey Dannenberg filed a proposed class action against global financial institutions responsible for setting the London Interbank Offered Rate for the Swiss Franc (Swiss Franc LIBOR).

Yen-LIBOR

Commodities, Notable

Lowey Dannenberg was appointed co-lead counsel in a class action, alleging that a group of 8 major financial institutions colluded to fix the outcome of the London Silver Fix, a global benchmark that impacts the value of more than $30 billion in silver and silver financial instruments.

News

Lowey Secures Settlement with Papa John’s in ‘No-Poaching’ Case

On August 7th, U.S. District Judge Benjamin Beaton approved a preliminary class action settlement with Papa John’s for $5 million for the class. The class consists of over 400,000 former and current Papa John’s employees. The lawsuit alleged that Papa John’s, one of…

Blog

Hiding the Ball: The Implications of the Marketing Rule

On August 23, 1940, President Franklin D. Roosevelt signed two bills into law, the Investment Company Act of 1940 and the Investment Advisors Act of 1940 (the “Investment Act”), both of which were aimed to protect investors from a lack of disclosures. The main goal of the Investment Act was to…

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