Christopher Bateman

Dec 10, 2024 | cohenmilstein.com | Christopher Bateman |Robert W. Cobbs |Michael B Eisenkraft |Daniel McCuaig

A New York federal judge on Friday overruled objections from Bank of America unit Merrill Lynch to certify a class of investors, with a slightly extended class period, in a suit alleging the financial institution colluded with other major banks to avoid modernizing the stock loan market. U.S. District Judge Katherine Polk Failla issued an opinion and order adopting a report and recommendation published by a magistrate judge in 2022 stating that the proposed class should be certified.

Oct 31, 2024 | cohenmilstein.com | Christopher Bateman |Robert A. Braun |Benjamin Brown |Brent Johnson

Prison phone company Global*Tel Link Corp will pay $17 million to escape claims that it colluded with two other companies to inflate the cost of calls made from inside U.S. prisons after a Maryland federal judge gave the deal her preliminary seal of approval Wednesday afternoon. U.S. Circuit Judge Lydia K.

Jun 28, 2024 | cohenmilstein.com | Christopher Bateman |Robert Dumas |Michael B Eisenkraft |Robert W. Cobbs

Several major U.S. and European banks, including Bank of America, JPMorgan Chase & Co. and Deutsche Bank AG, reached a $46 million deal on Thursday to resolve a long-running multidistrict litigation over an alleged plot by the banks to limit market competition over interest rate swaps.