In this multidistrict litigation, plaintiffs include a class of investors who transacted in VIX instruments alleging that a number of trading firms and financial institutions conspired to post bids on certain S&P 500 options during a fixed, short window of nontrading hours to influence the CBOE-Special Opening Quotation (“SOQ”) formula that calculates settlement prices of VIX instruments.
Hausfeld serves as co-lead counsel in this multidistrict litigation, representing a class of direct purchasers of the industrial chemicals methylene diphenyl diisocyanate (MDI) and toluene diisocyanate (TDI) in claims against major industrial suppliers for conspiring to artificially inflate prices in violation of federal antitrust law. See In Re: Diisocyanates Antitrust Litigation, No. 18-mc-01001 (W.D. Pa.).
Hausfeld Partner James Gotz, while at his prior firm, successfully led the prosecution of a wrongful death case alleging that a college head football coach was exposed to neurotoxic levels of Toluene (used to resurface the college gym floor) which led to the early onset and accelerated (and fatal) course of the coach’s ALS.