Lawyers

Scott & Scott LLP Named Interim Lead Counsel for Foreign Exchange Litigation
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

The law firm of Scott & Scott LLP has been chosen as the interim lead counsel for the foreign exchange litigation class action suit by a United States federal judge, according to Reuters.

The firm will serve in that capacity in a consolidated class action filed against some of the largest banks in the world. The lawsuit claims that the banks manipulated the foreign exchange market.

  
What
Where


U.S. District Judge Lorna Schofield, from Manhattan, chose the firm instead of three other law firms representing the plaintiffs.

The firm that sits in the position of lead counsel makes the most money if a class action is successful and is also responsible for making important decisions, such as litigating the case.

Scott & Scott has 33 lawyers across its locations in Connecticut (headquarters), Ohio, New York and California.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




“I think that a having a smaller firm that can draw on other firms as needed can best serve the class,” she said.

Scott & Scott is going to be ordered to file a consolidated complaint towards the end of March by Judge Schofield. A conference has been scheduled for March 3 by Judge Schofield. At the conference, the plaintiffs will be told when they will receive documents from the defense.



The lawsuits filed against the banks claim collusion, which would have allowed the banks to make money at the expense of the customers.



 

Interesting Legal Sites You May Like


BCG FEATURED JOB

Locations:

Keyword:



Search Now

Mid-level Litigation Associate Attorney

USA-MD-Baltimore

Baltimore office of our client seeks mid-level litigation associate attorney with 3+ years of experi...

Apply Now

Litigation Associate Attorney

USA-SC-Columbia

Columbia office is seeking a commercial litigation attorney with 2-4 years of experience.

Apply Now

Junior Employment Litigation Attorney

USA-CA-San Francisco

San Francisco office is seeking an attorney with 2-3 years of employment litigation, class action or...

Apply Now

Senior Leveraged Finance Attorney

USA-NY-New York City

New York City office is seeking a senior leveraged finance attorney with 12+ years of experience. Ca...

Apply Now

RELEVANT JOBS

Social Security Legal Assistant - Immediate Opening!

USA-PA-Scranton

Scranton-based workers comp, social security, and personal injury law office is seeking a social sec...

Apply now

Nurse Paralegal

USA-NY-New York City

McGivney, Kluger & Cook\'s New York City office seeks a nurse paralegal to join our team! Respons...

Apply now

Associate Attorney

USA-NY-New York City

Law firm seeks associate that must be admitted to practice law in New York  to attend Civil cou...

Apply now

Director of Enforcement

USA-PA-Philadelphia

DIRECTOR OF ENFORCEMENT POSITION AVAILABLE The Fair Housing Rights Center in Southeastern Pennsyl...

Apply now

SEARCH IN ARCHIVE

To Top