Metallgesellschaft Ag and Mgts Uk Holding v. Sumitomo Corporation of America, Sumitomo Corporation, Yasuo Hamanaka

DIANE P. WOOD, Circuit Judge.

This case is part of the broader multi-district litigation that was spawned by an alleged conspiracy involving Sumitomo and others to raise the price of copper and manipulate the London Metals Exchange (LME). The plaintiffs, Metallgesellschaft AG (MG) and MGTS UK Holding (MGUK), both short-sellers that bought copper futures contracts from brokers in New York, Connecticut, and London, claim that they were injured by this conspiracy when Sumitomo Corporation (Sumitomo), along with Global Minerals and Metals Corporation, Inc. (Global) and other defendants in this…