The 2021 Antitrust Annual Report:

• The #1 Largest Antitrust Recovery, and 4 of the Top 25 Antitrust Recoveries in the past decade. Our Foreign Exchange Benchmark Rates Antitrust Litigation delivered $2,310,275,000 in recoveries to investors.
• #1 overall in the past decade with the largest average settlement dollar amount per settlement of $84,825,543.
• #2 overall in the past decade in Lead Counsel in Class Recovery in aggregate class settlements in total dollar value.

Scott+Scott is at the forefront of antitrust litigation in the financial sector, including payments systems, private equity, bonds, interest rate derivatives, and foreign exchange. In recent years, the firm has also been heavily involved in litigation concerning the tech and agricultural markets, both of which have been subject to intense scrutiny. Unlike many firms that predominantly file “follow on” cases after government enforcement actions, Scott+Scott invests upfront in economists, investigators, and industry experts to identify and prosecute anticompetitive conduct.

RECENT REPRESENTATIVE SUCCESSES:

• In re: Foreign Exch. Benchmark Rates Antitrust Litig., No. 13-cv-07789 (S.D.N.Y.): Challenging price-fixing of foreign exchange rates and obtaining over $2.3 billion in final-approved settlements.
• Dahl v. Bain Capital Partners, LLC, No. 07-cv-12388 (D. Mass.): Challenging bid rigging and market allocation of leveraged buyouts by private equity firms and obtaining over $590.5 million in settlements.
• Alaska Elec. Pension Fund v. Bank of Am. Corp., No. 14-cv-07126 (S.D.N.Y.): Challenging price-fixing of the ISDAfix benchmark interest rate and obtaining over $504.5 million in settlements.
• In re GSE Bonds Antitrust Litig., No. 19-cv-01704 (S.D.N.Y.): challenging manipulation in the market for GSE bonds and recovering $386 million settlement.

CURRENT REPRESENTATIVE MATTERS:

Federal Courts routinely appoint Scott+Scott as lead counsel in antitrust class action cases. Representative current appointments include:

• In re European Gov’t Bonds Antitrust Litig., No. 19-cv-02601 (S.D.N.Y) (“EGB I”) and Ohio Carpenters’ Pension Fund, et al. v. Deutsche Bank, et al., No. 1:22-cv-10462-VM (S.D.N.Y.) (“EGB II”): Co-lead counsel challenging a conspiracy amongst OTC dealers to fix the price for European Government Bonds and achieving $13 million in settlements to date).
• Klein, et al. v. Meta Platforms, Inc., 5:20-cv-08570-LHK (N.D. Cal.): Co-lead counsel acting for advertisers alleging that Facebook monopolized the social advertising market and charged supracompetitive prices).
• In re Cattle and Beef Antitrust Litig., No. 22-md-03031 (D. Minn.): Co-lead counsel acting for cattle ranchers and traders of live cattle futures contracts to recover loss suffered as a result of Tyson, JBS, Cargill and National Beef conspiracy to suppress the price of beef cattle.
• Sky Federal Credit Union v. Fair Isaac Corporation, No. 1:20-cv-02114 (N.D. Ill.): lead counsel representing credit unions and banks against Fair Isaac Corporation and the three major credit bureaus alleging that Fair Isaac maintains an unlawful monopoly for its “FICO Score” in the business-to-business credit score market.