Legal Opinion
In re London Silver Fixing, Ltd., Antitrust Litig.
District Court, S.D. Illinois
Decided July 25, 2018No. 14-MD-2573 (VEC); 14-MC-2573 (VEC)PublishedCited by 11 opinions
1Opinion of the Court
VALERIE CAPRONI, United States District Judge
This case began as a benchmark-fixing case. Until 2013, the price of silver bullion was set in part through a daily private auction among a small group of silver dealers ("the Silver Fixing"). Based on a sophisticated econometric analysis of thousands of price quotes from the silver markets, Plaintiffs alleged that this daily private auction was a cover for a conspiracy among the participating banks, Deutsche Bank, HSBC, and Bank of Nova Scotia (together, the "Fixing Banks"), to suppress the price for physical silver and silver-denominated…
2Cases cited52 opinions
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- Lexmark Int'l, Inc. v. Static Control Components, Inc.Supreme Court of the United States · 2014
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3Cited by11 opinions
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