IN RE MEXICAN GOVERNMENT BONDS ANTITRUST LITIG.

18-CV-2830 (JPO).

412 F.Supp.3d 380 (2019)

IN RE: MEXICAN GOVERNMENT BONDS ANTITRUST LITIGATION.

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

Signed September 30, 2019.

Editors Note
Applicable Law: 15 U.S.C. § 15
Cause: 15 U.S.C. § 15 Antitrust Litigation
Nature of Suit: 410 Anti - Trust
Source: PACER


Attorney(s) appearing for the Case

Oklahoma Firefighters Pension & Retirement System, on behalf of themselves and all other similarly situated & Electrical Workers Pension Fund Local 103, I.B.E.W., on behalf of themselves and all other similarly situated, Plaintiffs, represented by Carl Hammarskjold, Berman Tabacco, Christian Levis, Lowey Dannenberg P.C., Colleen Cleary, Berman Tabacco, Geoffrey Milbank Horn, Lowey Dannenberg P.C., Patrick Thomas Egan, Berman DeValerio, Raymond Peter Girnys, Lowey Dannenberg, P.C., Roland Raymond St. Louis, III, Lowey Dannenberg P.C., Todd Seaver, Berman Tabacco & Vincent Briganti, Lowey Dannenberg P.C.

Government Employees' Retirement System of the Virgin Islands, on behalf of itself and all others similarly situated, Consolidated Plaintiff, represented by Jeffrey Alan Barrack, Barrack, Rodos & Bacine, Michael Arthur Toomey, Barrack, Rodos & Bacine, William J. Ban, Barrack, Rodos & Bacine, Jeffrey B. Gittleman, Barrack, Rodos & Bacine & Vincent Briganti, Lowey Dannenberg P.C.

Manhattan and Bronx Surface Transit Operating Authority Pension Plan, on behalf of themselves and all other similarly situaded, Metropolitan Transportation Authority Defined Benefit Pension Plan Master Trust, on behalf of themselves and all other similarly situated & Boston Retirement System, on behalf of themselves and all other similarly situated, Consolidated Plaintiffs, represented by Betsy C. Manifold, Wolf Haldenstein Adler Freeman & Herz LLP, Frederick Taylor Isquith, Sr., Wolf Haldenstein Adler Freeman & Herz LLP, Regina Marie Calcaterra, Wolf Haldenstein Adler Freeman & Herz LLP, Thomas H. Burt, Wolf Haldenstein Adler Freeman & Herz LLP & Vincent Briganti, Lowey Dannenberg P.C.

United Food and Commercial Workers Union and Participating Food Industry Employers Tri-State Pension Fund, Consolidated Plaintiff, represented by Christopher M. Burke, Scott+Scott Attorneys at Law LLP, Jayne Arnold Goldstein, Shepherd, Finkelman, Miller & Shah, LLP, Michelle Elizabeth Conston, Scott + Scott Attorneys at Law LLP, Thomas Kay Boardman, Scott Scott, L.L.P. & Vincent Briganti, Lowey Dannenberg P.C.

Southeastern Pennsylvania Transportation Authority, on behalf of itself and all other similarly situated, Consolidated Plaintiff, represented by Javier Bleichmar, Bleichmar Fonti & Auld LLP, Lesley Elizabeth Weaver, Block & Leviton LLP & Vincent Briganti, Lowey Dannenberg P.C.

Banco Santander S.A., Santander Investment Securities, Inc., Santander Holdings USA, Inc., Banco Santander (Mexico) S.A. Institucion de Banca Multiple, Grupo Financiero Santander Mexico & Santander Investment Bolsa, Sociedad De Valores, S.A.U., Defendants, represented by Alan Schoenfeld, Wilmer Cutler Pickering Hale & Dorr LLP & Steven Franklin Cherry, Wilmer Cutler Pickering Hale & Dorr, L.L.P.

Banco Bilbao Vizcaya Argentaria, S.A., BBVA Securities, Inc., BBVA Compass Bancshares, Inc., BBVA Bancomer S.A., Institucion de Banca Multiple, Grupo Financiero BBVA Bancomer & Grupo Financiero BBVA Bancomer, S.A. de C.V., Defendants, represented by Adam Gabor Mehes, Davis Polk & Wardwell LLP, Arthur J. Burke, Davis Polk & Wardwell & Paul Steel Mishkin, Davis Polk & Wardwell LLP.

JPMorgan Chase & Co., JPMorgan Chase Bank, National Association, JP Morgan Securities LLC, J.P. Morgan Broker-Dealer Holdings, Inc., Banco J.P. Morgan, S.A. Institucion de Banca Multiple, J.P. Morgan Grupo Financiero & J.P. Morgan Securities PLC, Defendants, represented by Claire Catalano Dean, Covington & Burling, LLP, Henry Liu, Covington & Burling, LLP & Robert D. Wick, Covington & Burling, LLP.

HSBC Holdings PLC, HSBC Bank PLC, HSBC Securities (USA) Inc., HSBC Markets (USA) Inc., HSBC Mexico, S.A., Institucion de Banca Multiple, Grupo Financiero HSBC, HSBC North America Holdings Inc. & HSBC Latin America Holdings (UK) Limited, Defendants, represented by Boris Bershteyn, Skadden, Arps, Slate, Meagher & Flom LLP & Susan Leslie Saltzstein, Skadden, Arps, Slate, Meagher & Flom LLP.

Barclays PLC, Barclays Capital Inc., Barclays Bank PLC, Grupo Financiero Barclays Mexico, S.A. de C.V., Barclays Bank Mexico, S.A. & Barclays Capital Securities Limited, Defendants, represented by Jeffrey T. Scott, Sullivan and Cromwell, LLP, Matthew Joseph Porpora, Sullivan & Cromwell, LLP & Stephen Hendrix Oliver Clarke, Sullivan & Cromwell, LLP.

CitiGroup Inc., Citigroup Global Markets Inc., Citigroup Financial Products Inc., Citigroup Global Markets Holdings Inc. & Banco Nacional de Mexico, S.A., Institucion de Banca Multipe, Grupo Financiero Banamex, Defendants, represented by Leah Brannon, Cleary Gottlieb Steen & Hamilton LLP, pro hac vice, Lev Louis Dassin, Cleary Gottlieb & Roger Allen Cooper, Cleary Gottlieb.

Bank of America N.A., Bank Of America Corporation, Bankamerica International Financial Corporation, Bank of America Mexico, S.A., Institucion de Banca Multiple, Grupo Financiero Bank of America & Merrill Lynch, Pierce, Fenner & Smith Incorporated, Defendants, represented by Adam Selim Hakki, Shearman & Sterling LLP, Katherine Mallory Tosch Brennan, Shearman & Sterling LLP & Ryan Ashby Shores, Shearman & Sterling LLP.

Deutsche Bank AG, Deutsche Bank Securities, Inc., Deutsche Bank Americas Holding Corp. & Deutsche Bank Mexico, S.A. Institucion de Banca Multiple, Defendants, represented by John Terzaken, Simpson Thacher & Bartlett LLP, Jonathan Myers, Simpson Thacher & Bartlett LLP, Jonathan K. Youngwood, Simpson Thacher & Bartlett LLP & Karen Michelle Porter, Simpson Thacher & Bartlett LLP.

Credit Suisse Group AG, Credit Suisse AG, Banco Credit Suisse (Mexico) S.A. & Grupo Financiero Credit Suisse (Mexico), S.A. de C.V., Defendants, represented by Adam Shawn Mintz, Cahill Gordon & Reindel LLP, David George Januszewski, Cahill Gordon & Reindel LLP, Herbert Scott Washer, Cahill Gordon & Reindel LLP & Sheila Chithran Ramesh, Cahill Gordon & Reindel LLP.

Ing Groep N.V., ING Bank, N.V. & ING Financial Markets LLC, Defendants, represented by Brad Scott Karp, Paul Weiss, Richard A. Rosen, Paul Weiss, Daniel George Winter, Paul, Weiss, Rifkind, Wharton & Garrison LLP & Robert Joseph O'Loughlin, III, Paul, Weiss, Rifkind, Wharton & Garrison LLP.


OPINION AND ORDER

In this consolidated putative class action, Plaintiffs — eight U.S. pension funds — allege that Defendants — ten banks and related entities — conspired to manipulate the market for certain debt securities issued by the Mexican government. Specifically, Plaintiffs...

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