Civil Litigation,
Antitrust & Trade Reg.
Aug. 10, 2020
Firms vie for class leadership in gas price antitrust litigation
The lawsuits filed in federal court in San Francisco piggyback on a case filed by the state's top prosecutor claiming Vitol Inc. and SK Energy Americas took advantage of market disruptions following a 2015 explosion at a Torrance refinery to drive up and maintain inflated gasoline prices by engaging in sham trades.
SAN FRANCISCO -- U.S. Magistrate Judge Jacqueline Corley urged plaintiffs' lawyers on Friday to work with the state attorney general and to maximize efficiency when choosing interim lead counsel in consolidated antitrust litigation accusing two energy trading firms of scheming to artificially inflate gasoline prices in California.
"Given what we're facing as a country...
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