Vega Capital London Manipulation of WTI Oil Futures Contracts Complaint

August 4, 2020

On April 20, 2020, on the New York Mercantile Exchange (NYMEX), the price of the West Texas Intermediate (WTI) light sweet crude oil futures contracts to expire in May were trading at negative $37.63 a barrel—meaning that sellers had to pay buyers to take the oil off their hands. The complaint for this class action alleges that Vega Capital London, Ltd. and others manipulated the prices of futures contracts in this market, in violation of the Commodity Exchange Act (CEA) and the Sherman Antitrust Act.

Case Event File: Vega Capital London Manipulation of WTI Oil Futures Contracts Complaint

Related to: Vega Capital London Manipulation of WTI Oil Futures Contracts Class Action