Alan Harry, Levante Capital, LLC v. Total Gas & Power N. Am., Inc.
Court of Appeals for the Second Circuit
1Opinion of the Court
POOLER, Circuit Judge:
*107 This case provides us an occasion to clarify pleading standards under the Commodities Exchange Act ("CEA") and to differentiate those standards from the standard for pleading constitutional standing.
Drawing on Commodities Future Trading Commission ("CFTC") and Federal Energy Regulatory Commission ("FERC") findings, several investors 2 who trade commodities derivatives on the New York Mercantile Exchange and Intercontinental Exchange sued for damages resulting from Defendants' manipulation of natural gas trading at four regional hubs in the western part of the United…
2Cases cited32 opinions
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- Lujan v. Defenders of WildlifeSupreme Court of the United States · 1992
- Warth v. SeldinSupreme Court of the United States · 1975
- Steel Co. v. Citizens for a Better EnvironmentSupreme Court of the United States · 1998
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