Grant & Eisenhofer is serving as co-lead counsel in ongoing litigation against global financial institutions for colluding to fix silver prices in violation of U.S. antitrust and commodities laws
Plaintiff(s):
Investors in silver futures and physical silver
Case type / claims:
Antitrust and commodities class action alleging manipulation of the global silver market by conspiring to fix benchmark silver prices published by The London Silver Market Fixing Ltd. in violation of the Sherman Antitrust Act and Commodity Exchange Act.
Defendant(s):
Major international financial institutions participating in the London Silver Fix
Jurisdiction:
U.S. District Court for the Southern District of New York
Year:
Active
Outcome:
- Case ongoing — seeks recovery for investors and traders who transacted in Comex silver futures since January 1, 2007.
- Alleges price manipulation designed to produce artificial market conditions and inflated profits.
- This case is part of Grant & Eisenhofer’s broader leadership in commodity price-fixing litigation involving global financial institutions.
