JPMorgan secures final approval of settlement in treasury futures spoofing case
The New York Southern District Court has issued a final judgment in a lawsuit accusing JPMorgan of spoofing the US treasury futures market.
The New York Southern District Court has issued a final judgment in a lawsuit accusing JPMorgan of spoofing the US treasury futures market.
Judge nixes a motion to dismiss by former JPMorgan traders Gregg Smith, Michael Nowak, Christopher Jordan, and Jeffrey Ruffo.
The settlement provides for a $60 million cash payment to eligible Class Members impacted by JPMorgan’s manipulation.
The settlement provides for a $15.7 million cash payment to eligible Class Members impacted by JPMorgan’s alleged market manipulation.
Former JPMorgan traders challenge the DOJ’s arguments supporting the second indictment in a case about spoofing the futures market.
The DOJ seeks to defend the second superseding indictment of former JPMorgan traders accused of spoofing.
The Court has preliminarily approved the proposed $15.7 million settlement in a lawsuit accusing JPMorgan of spoofing the treasury futures market.
Former JPMorgan traders Michael Nowak and Jeffrey Ruffo have entered pleas of not guilty at the Illinois Northern District Court.
Former JPMorgan traders Gregg Smith and Christopher Jordan plead not guilty to charges in a spoofing case.
A class of plaintiffs has asked the Court to approve a $60 million cash settlement with JPMorgan in a precious metals spoofing lawsuit.