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As society becomes increasingly litigious, and as plaintiff attorneys market their services more aggressively, class action litigation is posing a rapidly growing threat to businesses in all sectors.

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Class Action Blog
January 7, 2019

Second Circuit Rules Investor Had Article III Standing, But Failed to State Claims

Author: Meghan Sholy

Total Gas & Power North America, Inc. (Total Gas) is a company engaged in natural gas commodity and derivative trading at regional hubs in the western United States. A trader at the West Desk of Total Gas reported market manipulation in four commodities markets to the Federal Energy Regulatory Commission (FERC) and the Commodities Future Trading Commission (CFTC). Both agencies concluded Total Gas had engaged in a multi-year strategy to repeatedly manipulate the price of natural gas commodities.