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Judge Scheindlin Allows Class Action Over Barclays “Dark Pool” to Proceed

In an opinion Friday, Judge Scheindlin largely denied Barclays’ motion to dismiss a securities fraud class action alleging that Barclays misled investors about its anonymous trading platform, or “dark...

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Judge Scheindlin Certifies Injunction Class in Antitrust Challenge to...

In an opinion today, Judge Schiendlin certified a Rule 23(b)(2) injunction class in a case alleging that it is anticompetitive for Major League Baseball and the National Hockey League to divide the...

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SDNY Blog Returns as Steptoe Blog

The SDNY Blog is relaunching as a publication of Steptoe & Johnson LLP.  We expect to post several times a week on decisions and other developments in the Southern District of New York.  You can...

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Class Action Accuses Banks of Collusion in Market for Interest Rate Swaps

Last week, an investor class action was filed accusing a a group of banks dealing in interest rate swaps (IRS) of collusion.  According to the complaint, the banks have long dominated the market, and,...

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Parties File Pretrial Briefs in Antitrust Challenge to Baseball’s...

The plaintiffs and Major League Baseball yesterday exchanged briefs in anticipation of a January 18 trial before Judge Scheindlin in a case alleging it is anticompetitive for Major League Baseball to...

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Major League Baseball Settles Broadcast Antitrust Class Action Moments Before...

Shortly before a nine-day bench trial was scheduled to start this morning, Major League Baseball settled an antitrust suit alleging it is anticompetitive for Major League Baseball broadcast...

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Judge Scheindlin Denies Class Certification Based On Ineffective Class Counsel

In an opinion yesterday, Judge Scheindlin denied class certification in a proposed class action accusing the New York City Housing Authority of systematically under-compensating employees based on...

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Judge Scheindlin Leaving Bench for Private Practice

So reports the New York Daily News. The article states that, in a letter to the other judges, Judge Scheindlin said she “will be’of counsel’ to a large law firm, and will spend the bulk of her time on...

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Second Circuit Allows Recovery of 7-Carat Diamond Against Innocent Buyer,...

Yesterday, the Second Circuit reversed a decision by Judge Scheindlin granting summary judgment in favor of two plaintiffs seeking to confirm ownership of a 7.4-carat diamond under the UCC’s “merchant...

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Judge Scheindlin Gives Departing Interviews to NYT, NYLJ, and AP

The articles are here (NYT), here (NYLJ), and here (AP). In the articles, Judge Scheindlin defends her work on the stop-and-frisk cases (which we covered extensively, see here).  She called the Second...

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