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CITADEL SECURITIES v. CHICAGO BD. OPTIONS EXCHANGE

Nos. 14-2912, 14-3071.

808 F.3d 694 (2015)

CITADEL SECURITIES, LLC, et al., Plaintiffs-Appellants, v. CHICAGO BOARD OPTIONS EXCHANGE, INC., et al., Defendants-Appellees.

United States Court of Appeals, Seventh Circuit.

Decided December 11, 2015.

Attorney(s) appearing for the Case

Stephen Bedell , Attorney, David B. Goroff , Attorney, Ellen M. Wheeler , Attorney, Foley & Lardner LLP, Chicago, IL, for Plaintiffs-Appellants. Paul E. Greenwalt, III , Attorney, Paul E. Dengel , Attorney, Schiff Hardin LLP, Terrence Patrick Cande , Attorney, Locke Lord Edwards LLP, David J. Chizewer , Attorney, Goldberg Kohn Ltd. Chicago, IL, Douglas R. Cox , Attorney, Gibson, Dunn & Crutcher LLP, Washington, DC, Douglas W. Henkin , Attorney, Milbank, Tweed, Hadley & McCloy, New York, N.Y., for Defendants-Appellees.

Before BAUER, FLAUM, and MANION, Circuit Judges.

Plaintiffs Citadel Securities, LLC, et al., sued defendants Chicago Board Options Exchange, Inc., et al., in Illinois state court, seeking to recover fees they claim were improperly charged to and paid by plaintiffs to defendants under defendants' "payment for order flow" programs. Defendants removed the case to federal district...

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