IN RE CHICAGO BOARD OPTIONS EXCHANGE VOLATILITY INDEX MANIPULATION ANTITRUST LITIGATION

No. 18 CV 4171, MDL No. 2842.

IN RE: CHICAGO BOARD OPTIONS EXCHANGE VOLATILITY INDEX MANIPULATION ANTITRUST LITIGATION.

United States District Court, N.D. Illinois, Eastern Division.

August 16, 2018.

Editors Note
Applicable Law: 28 U.S.C. § 1331
Cause: 28 U.S.C. § 1331 Federal Question
Nature of Suit: 890 Other Statutory Actions
Source: PACER


Attorney(s) appearing for the Case

David Quint, on behalf himself, and a class consisting of similarly situated persons, Plaintiff, represented by Melissa Robin Emert , Stull, Stull & Brody, pro hac vice & Michael J. Klein , Stull, Stull & Brody.

Christopher Musso, on behalf of himself and all others similarly situated, Plaintiff, represented by Gary L. Specks , Kaplan Fox & Kilsheimer LLP, Hae Sung Nam , Kaplan Fox & Kilsheimer LLP, pro hac vice, Jeffrey Philip Campisi , Kaplan Fox & Kilsheimer LLP, Jeffrey A. Klafter , Klafter Olsen & Lesser LLP, pro hac vice & Robert N. Kaplan , Kaplan, Kilsheimer & Fox LLP.

Eric J. Levy, Living Trust UA Dated 1/21/10, individually and on behalf of all those similarly situated, Avril E. Levy, Living Trust UA Dated 1/21/10, individually and on behalf of all those similarly situated & Eric Levy Roth IRA, individually and on behalf of all those similarly situated, Plaintiffs, represented by Linda P. Nussbaum , Nussbaum Law Group, P.C., pro hac vice.

Jeffery Tomasulo, Plaintiff, represented by Michael E. Klenov , Korein Tillery, Llc, Aaron M. Zigler , Korein Tillery, Llc, Amanda F. Lawrence , Scott+scott, Attorneys At Law, Llp, pro hac vice, Chad Emerson Bell , Korein Tillery, Christopher M. Burke , Scott+Scott LLP, pro hac vice, George A. Zelcs , Korein Tillery, Graeme W. Bush , Zuckerman Spaeder, LLP, pro hac vice, Kristen M. Anderson , Scott+Scott LLP, pro hac vice, Matthew Charles Davies , Korein Tillery Llc, Randall P. Ewing, Jr. , Korein Tillery, Llc & Walter W. Noss , Scott+Scott Attorneys at Law LLP, pro hac vice.

Brian Barry, Plaintiff, represented by Hollis L. Salzman , Robins Kaplan LLP, Kellie Lerner , Robins Kaplan LLP, pro hac vice, William Reiss , Robins Kaplan LLP, John Shannon Marrese , Hart McLaughlin & Eldridge, LLC & Steven Alan Hart , Hart McLaughlin & Eldridge, LLC.

Thomas J. Sanduski, Plaintiff, represented by Eric L. Cramer , Berger & Montague, P.c., pro hac vice, Linda P. Nussbaum , Nussbaum Law Group, P.C., pro hac vice & Michael C. Dell'Angelo , BERGER MONTAGUE PC.

Tony Elich, on behalf of himself and all others similarly situated, Plaintiff, represented by Fred T. Isquith , Wolf Haldenstein Adler Freeman & Herz Llp, Frederick Taylor Isquith, Sr. , Wolf Haldenstein Adler Freeman & Herz LLP & Carl V. Malmstrom , Wolf Haldenstein Adler Freeman & Herz LLC.

FTC Capital GMBH, individually and on behalf of all others similarly situated, Plaintiff, represented by Michael M. Buchman , Motley Rice LLC, Christopher F. Moriarty , Motley Rice Llc & William H. Narwold , Motley Rice LLC, pro hac vice.

Atlantic Trading USA, LLC, Plaintiff, represented by Carol V. Gilden , Cohen Milstein Sellers & Toll PLLC, Christopher Phillip Taylor Tourek , Cafferty Clobes Meriwether & Sprengel, LLP, Daniel O. Herrera , Cafferty Clobes Meriwether & Sprengel LLP, Michael Eisenkraft , Cohen Milstein Sellers & Toll PLLC, pro hac vice & Times Wang , Cohen Milstein Sellers & Toll PLLC, pro hac vice.

Susan Koza, Plaintiff, represented by Brian M. Hogan , Freed Kanner London & Millen, LLC, Lindsey Caryn Grossman , Criden & Love, P.A., pro hac vice, Michael Elliot Criden , Criden & Love, P.A., pro hac vice, Michael Jerry Freed , Freed Kanner London & Millen, LLC & William Henry London , Freed Kanner London & Millen, LLC.

Gary M. Beck, Plaintiff, represented by Derek Yeats Brandt , McCune Wright Arevalo, LLP.

Spencer Roland Bueno, Plaintiff, represented by Ashley M. Kelly , Robbins Geller Rudman & Dowd LLP, pro hac vice, Brian O. O'Mara , Robbins Geller Rudman & Dowd LLP, Christopher M. Seck , Quinn Emanuel Urquhart & Sullivan, LLP, pro hac vice, Crystal Nix-Hines , Quinn Emanuel Urquhart & Sullivan LLP, pro hac vice, Daniel L. Brockett , Quinn Emanuel Urquhart & Sullivan, LLP, pro hac vice, Daniel R. Lombard , Quinn Emanuel Urquhart & Sullivan, LLP, David LeRay , Quinn Emanuel Urquhart & Sullivan, LLP, pro hac vice, David W. Mitchell , Robbins Geller Rudman & Dowd Llp, Frank Anthony Richter , Robbins Geller Rudman & Dowd, James E. Barz , Robbins Geller Rudman & Dowd LLP, Jeremy D. Andersen , Quinn Emanuel Urquhart & Sullivan, LLP, pro hac vice, Jonathan Christian Bunge , Quinn Emanuel Urquhart & Sullivan LLP, Patrick J. Coughlin , Robbins Geller Rudman & Dowd LLP, Steven M. Jodlowski , Robbins Geller Rudman & Dowd Llp, Thomas Popejoy , Quinn Emanuel Urquhart & Sullivan, LLP, pro hac vice & Toby Edward Futter , Quinn Emanuel Urquhart & Sullivan, pro hac vice.

Amy Huang, Plaintiff, represented by Karin E. Garvey , Labaton Sucharow, LLP, pro hac vice, Brian Morrison , Labaton Sucharow LLP, pro hac vice, Christopher J. McDonald , Labaton Sucharow LLP, Gregory Asciolla , Labaton Sucharow LLP, Jay L. Himes , Labaton Sucharow LLP, pro hac vice, Jonathan Scott Crevier , Labaton Sucharow LLP, pro hac vice, Matthew J. Perez , Labaton Sucharow Llp, pro hac vice & Zachary Jayson Ziliak , Ziliak Law, LLC.

Alex Palatiello, Plaintiff, represented by Adam J. Levitt , Dicello Levitt & Casey LLC, Adam M. Prom , DiCello Levitt & Casey LLC, Amy Elisabeth Keller , DiCello Levitt & Casey LLC & John E. Tangren , Dicello Levitt & Casey LLC.

Corey Burnell, Plaintiff, represented by Charles F. Morrissey , Morrissey & Donahue, LLC, Darnell Donahue , Morrissey & Donhue Llc, George Carlos Aguilar , Robbins Arroyo LLP, pro hac vice & Michael J. Nicoud , Robbins Arroyo LLP, pro hac vice.

David Samuel, individually and on behalf of all others similarly situated, Plaintiff, represented by Alejandro Caffarelli , Caffarelli & Associates Ltd., Alexis D. Martin , Caffarelli & Associates Ltd., Joshua A. Materese , Kessler Topaz Check Meltzer LLP, pro hac vice, Kimberly A. Justice , Kessler Topaz Meltzer & Check LLP, pro hac vice & Sharan Nirmul , Kessler Topaz Meltzer & Check LLP, pro hac vice.

Nathan L. Terwilliger, Plaintiff, represented by Elizabeth A. Fegan , Hagens Berman Sobol Shapiro LLP, Kristen McCulloch , Hagens Berman Sobol Shapiro LLP, pro hac vice, Mark Thomas Vazquez , Hagens Berman Sobol Shapiro, Llp, Michael W. Stocker , Hagens Berman Sobol Shapiro LLP, pro hac vice & Steve W. Berman , Hagens Berman Sobol Shapiro LLP.

Robert Etten, on behalf of himself and all others similarly situated, Plaintiff, represented by Dennis Allen Lienhardt, Jr. , The Miller Law Firm, P.C., pro hac vice, Kenneth A. Wexler , Wexler Wallace LLP, Mark Richard Miller , Wexler Wallace LLP, Michelle J. Looby , Gustafson Gluek PLLC, pro hac vice & Sharon S. Almonrode , The Miller Law Firm, P.C.

William Siegel, Plaintiff, represented by Hilary K. Scherrer , Hausfeld LLP, pro hac vice, Katrina Carroll , Lite DePalma Greenberg LLC, Kyle Alan Shamberg , Lite DePalma Greenberg, LLC & Lesley E. Weaver , Bleichmar Fonti & Auld LLP, pro hac vice.

Haldeman Realty Co., Inc., Plaintiff, represented by Anna Marie Horning Nygren , Lockridge Grindal Nauen P.l.l.p., Brian David Clark , Lockridge Grindal Nauen P.l.l.p., Brian M. Hogan , Freed Kanner London & Millen, LLC, Heidi M. Silton , Lockridge Grindal Nauen P.L.L.P., Michael Jerry Freed , Freed Kanner London & Millen, LLC, Robert J. Wozniak , Freed Kanner London & Millen, LLC, W. Joseph Bruckner , Lockridge Grindal Nauen P.L.L.P. & William Henry London , Freed Kanner London & Millen, LLC.

John Pels, Plaintiff, represented by Daniel V. Dorris , Kellogg, Hansen, Todd, Figel & Frederick, P.L.L.C., David C. Frederick , Kellogg, Hansen, Todd, Figel & Frederick, P.L.L.C., pro hac vice, David K. Suska , Kellogg, Hansen, Todd, Figel & Frederick, P.L.L.C., pro hac vice, Joanna Tianyang Zhang , Kellogg, Hansen, Todd, Figel & Frederick, P.L.L.C., pro hac vice, Richard J. Prendergast , Richard J. Prendergast, Ltd. & Silvija Anna Strikis , Kellogg, Hansen, Todd, Figel & Frederick, P.L.L.C., pro hac vice.

Breakwater Trading LLC, Plaintiff, represented by Chad Emerson Bell , Korein Tillery & George A. Zelcs , Korein Tillery.

Projection Capital Markets, LLC, Plaintiff, represented by Christopher J. Esbrook , Esbrook Law, LLC & Michael Stephan Kozlowski, Jr. , Esbrook Law LLC.

DRW Holdings, LLC, Defendant, represented by Jonathan David Cogan , KOBRE & KIM LLP, pro hac vice & Michael Sangyun Kim , Kobre & Kim Llp.

CBOE Exchange, Inc., CBOE Global Markets, Inc., CBOE Futures Exchange, LLC & Chicago Board of Options Exchange, Inc., Defendants, represented by Gregory M. Boyle , Jenner & Block LLP & Reid J. Schar , Jenner & Block LLP.

Belvedere Trading, LLC., Defendant, represented by Charles Allan Devore , Katten Muchin Rosenman LLP, Christian T. Kemnitz , Katten Muchin Rosenman LLP & Hannah Olivia Koesterer , Katten Muchin Rosenman Llp.

Citigroup Derivatives Market, Inc. & Citigroup Financial Products, Inc, Defendants, represented by Jonathan L. Marcus , Skadden, Arps, Slate, Meagher & Flom LLP, pro hac vice, Karen Hoffman Lent , Skadden Arps Slate Meagher & Flom LLP, pro hac vice & R. Ryan Stoll , Skadden Arps Slate Meagher & Flom, LLP.

Citigroup Financial Products Inc, Defendant, represented by Jonathan L. Marcus , Skadden, Arps, Slate, Meagher & Flom LLP, pro hac vice & Karen Hoffman Lent , Skadden Arps Slate Meagher & Flom LLP, pro hac vice.

Consolidated Trading, LLC, Defendant, represented by Harry P. Lamberson , P. Stephen Fardy , Swanson, Martin & Bell & William Daniel Patterson , Swanson, Martin & Bell Llp.

CTC, LLC, Defendant, represented by David Barry Goroff , Foley & Lardner, Joseph Michael Bresnahan , Foley & Lardner Llp, Josephine Park , Foley & Lardner Llp, Stephen Patrick Bedell , Foley & Lardner & Thomas Paul Krebs , Foley & Lardner.

IMC Financial Markets LLC, Defendant, represented by Julie B. Porter , Salvatore Prescott & Porter PLLC & Ryan Patrick Phair , Hunton Andrews Kurth.

Wolverine Trading LLC & Wolverine Trading L.P., Defendants, represented by Kristen R. Seeger , Sidley Austin LLP & David Allan Geiger , Sidley Austin Llp.

Citigroup Market Derivatives, Inc., Defendant, represented by Karen Hoffman Lent , Skadden Arps Slate Meagher & Flom LLP.

Citadel Securities, Defendant, represented by Abby Marie Mollen , Bartlit Beck Herman Palenchar & Scott & Adam L. Hoeflich , Bartlit Beck Herman Palenchar & Scott LLP.

LRI Invest S.A., individually and on behalf of all others similarly situated, Defendant, represented by Michael M. Buchman , Motley Rice LLC.

David Samuel, Movant, represented by Zachary P. Arbitman , Kessler Topaz Meltzer & Check, LLP.

William Siegel, Movant, represented by Hilary K. Scherrer , Hausfeld LLP, pro hac vice, Katrina Carroll , Lite DePalma Greenberg LLC, Kyle Alan Shamberg , Lite DePalma Greenberg, LLC & Lesley E. Weaver , Bleichmar Fonti & Auld LLP, pro hac vice.

Haldeman Realty Co., Inc., Movant, represented by Anna Marie Horning Nygren , Lockridge Grindal Nauen P.l.l.p., Brian David Clark , Lockridge Grindal Nauen P.l.l.p., Heidi M. Silton , Lockridge Grindal Nauen P.L.L.P. & W. Joseph Bruckner , Lockridge Grindal Nauen P.L.L.P..


MEMORANDUM ACCOMPANYING ORDER APPOINTING PLAINTIFFS' LEADERSHIP COUNSEL.

There were several competing proposals for leadership structure and roles, and no dearth of skilled and well-resourced counsel available to take on this project. Ultimately, I was not persuaded that this case, at this stage, needs a...

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