For Shareholder Lawyers, Treasury Auction Antitrust Case is Next Big Thing
Reuters On the Case with Alison Frankel
September 10, 2015
Gregory Asciolla speculates on upcoming Treasuries case deadline
The suits against the two dozen banks and brokerages allege that banks and brokerages conspired to drive up futures prices for Treasury securities in advance of announced auctions, then colluded to deflate actual prices at auction.
Regarding how lead plaintiff process in antitrust cases can go, Labaton Sucharow LLP Co-Chair of the Antitrust & Competition Practice Gregory Asciolla said, “Ideally, the goal is private ordering, in which counsel agree” to a leadership structure.