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MYUN-UK CHOI v. TOWER RESEARCH CAPITAL LLC

No. 14 CV 9912 (KMW).

232 F.Supp.3d 337 (2017)

MYUN-UK CHOI, Jin-Ho Jung, Sung-Hun Jung, Sung-Hee Lee, and Kyung Sub Lee, Individually and on Behalf of All Others Similarly Situated, Plaintiffs v. TOWER RESEARCH CAPITAL LLC and Mark Gorton, Defendants.

United States District Court, S.D. New York.

Signed February 8, 2017.

Editors Note
Applicable Law: 7 U.S.C. § 25
Cause: 7 U.S.C. § 25 Fraud - Commodities Leverage Contracts
Nature of Suit: 850 Securities / Commodities
Source: PACER

Attorney(s) appearing for the Case

Daniel Stephen Sommers, Times Wang, Cohen Milstein Sellers & Toll PLLC, Washington, DC, John Douglas Richards, Michael Benjamin Eisenkraft, Richard A. Speirs, Cohen Milstein Sellers & Toll P.L.L.C., New York, NY, Youngki Rhee, Deryook International Law Firm, Queens, NY, for Plaintiffs.

Matthew Beville, Washington, DC, Matthew Theodore Martens, Wilmer Cutler Pickering Hale & Dorr L.L.P., Washington, DC, Robert Walter Trenchard, Gibson, Dunn & Crutcher, LLP, New York, NY, for Defendants.

OPINION AND ORDER

Plaintiffs are members of a putative class comprised of parties who transacted in certain Korean futures contracts on a Korean securities exchange (the "KRX") in 2012. Plaintiffs allege that Tower Research Capital LLC ("Tower") and its CEO, Mark Gorton (collectively...

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