Mish International Monetary Inc. v. Vega Capital London, Ltd. et al

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Case overview

Case Number:

1:20-cv-04577

Court:

Illinois Northern

Nature of Suit:

410(Anti-Trust)

Multi Party Litigation:

Class Action

Judge:

Honorable Manish S. Shah

Firms

  1. October 07, 2022

    UK Trading Firm Says It Can't Be Blamed For Oil Crash

    A London-based trading firm and 12 of its traders argued Friday that a coin dealer failed for the third time to plausibly allege that they caused a historic oil crash with an aggressive price manipulation scheme and should have its complaint permanently tossed.

  2. November 30, 2020

    UK Trading Firm Says COVID-19 To Blame For Oil Price Crash

    A London-based firm that made more than $500 million in trading profits when U.S. oil prices went negative in April told an Illinois federal court it's not to blame for the historic demand slump, which it characterized as a byproduct of the coronavirus pandemic.

  3. August 05, 2020

    UK Traders Made $500M By Causing April Oil Crash, Suit Says

    A London-based firm recently revealed to have made $500 million in trading profits when U.S. oil prices went negative in April has been accused in a civil lawsuit of causing the historic crash with an aggressive price manipulation scheme.

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