A class action lawsuit filed Thursday in Manhattan federal court accused JPMorgan Chase & Co. of manipulating futures markets through an outlawed trading practice to create artificial supply and demand.

The lawsuit alleged that JPMorgan, its employees and related entities for years had used a illegal strategy known as “spoofing” to drive up trading on futures contracts in order to reap “excessive profit.”

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]