Legal Opinion

Commodity Futures Trading Commission v. Skudder

District Court, N.D. Illinois

Decided December 19, 2022No. 1:22-cv-01925Unknown

1Opinion

UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION COMMODITY FUTURES TRADING COMMISSION, Plaintiff, No. 22 CV 1925 v. Judge Manish S. Shah DAVID SKUDDER, GLOBAL AG LLC, and NESVICK TRADING GROUP LLC, Defendants. MEMORANDUM OPINION AND ORDER Defendant David Skudder traded commodity interests for himself and defendant Global Ag LLC. Defendant Nesvick Trading Group, LLC introduced all of Global’s accounts to a futures commission merchant and earned commissions on Global’s trades. The Commodity Futures Trading Commission alleges that for nearly five years,…

2Cases cited23 opinions

  1. Ashcroft v. IqbalSupreme Court of the United States · 2009
  2. Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
  3. Runnion Ex Rel. Rsunnion v. Girl Scouts of Greater ChicagoCourt of Appeals for the Seventh Circuit · 2015
  4. Pirelli Armstrong Tire Corp. Retiree Medical Benefits Trust v. Walgreen Co.Court of Appeals for the Seventh Circuit · 2011
  5. Lewis Borsellino and I.M. Acquisitions, LLC v. Goldman Sachs Group, IncorporatedCourt of Appeals for the Seventh Circuit · 2007

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