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AMP Futures News

Class-Action Lawsuit Notice - In re Foreign Exchange Benchmarks Antitrust Litig.,13-CV-07789 (LGS) - $2,120,275,000

Posted by AMP Futures on Dec 3, 2017 10:26:44 AM

This notice is to alert you to proposed settlements worth allegedly $2,120,275,000 reached in a class-action lawsuit titled In re Foreign Exchange Benchmarks Antitrust Litig.,13-CV-07789 (LGS).  The lawsuit alleges that sixteen banks (“Defendants”) acted to manipulate and fix prices on the foreign exchange market.  The lawsuit alleges that this manipulation affected the prices of futures contracts and options on futures contracts traded over the Chicago Mercantile Exchange and other futures exchanges.

AMP is not a party in this lawsuit and has no knowledge about it other than information it has received from the parties. However, we want to make you aware that it is possible that you may be entitled to a recovery from the lawsuit.  AMP does not know if you are entitled to a recovery and we ask that you do not contact us regarding it.   Instead, if you have any questions or think you should be included in this lawsuit, please contact the Claims Administrator, GCG, at 1-888-582-2289 (if dialing from outside the United States or Canada, call 1-330-333-7253)

 

We have been informed that the settlement classes are defined as:Legal Scale.jpg

Direct Settlement Class:  All Persons who, between January 1, 2003 and December 15, 2015, entered into one or more FX Instruments directly with a Defendant where such Persons were either domiciled in the United States or its territories or, if domiciled outside the United States or its territories, transacted one or more FX Instruments in the United States or its territories.

 
Exchange Only Settlement Class:  All Persons who, between January 1, 2003 and December 15, 2015, entered into one or more FX Exchange-Traded Instruments, where such Persons were either domiciled in the United States or its territories or, if domiciled outside the United States or its territories, entered into one or more FX Exchange-Traded Instruments on a U.S. exchange.



“FX Instruments” means FX spot transactions, forwards, swaps, futures, options, and any other FX instrument or FX transaction that the trading or settlement value of which is related in any way to FX rates.
 
“FX Exchange-Traded Instruments” means any and all FX Instruments that were listed for trading through an exchange, including, but not limited to, FX futures and options on FX futures.

If you traded any of these contracts > FX Exchange-Traded Instruments between January 1, 2003 and December 15, 2015  - Click to Review List of FX Instruments / Currencies available at AMP >> 
 
If you believe you fall into one of these classes, and you wish to file a claim or have questions, please contact the Claims Administrator at the phone number - Claims Administrator, GCG, at 1-888-582-2289 (if dialing from outside the United States or Canada, call 1-330-333-7253) 



 

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