Cohen Milstein Sellers & Toll lost an early round Monday in a spat with Hausfeld and another plaintiffs firm over who should lead part of a sprawling antitrust litigation over alleged manipulation of foreign exchange rates. But the dispute isn’t fully resolved, and judging by a snippy letter Cohen Milstein filed last week in Manhattan federal court, there could be plenty of acrimony ahead.
In a letter Friday to U.S. District Judge Lorna Schofield in Manhattan, Cohen Milstein accused lawyers at Hausfeld and Scott + Scott of engaging in deception on par with that of former President Richard Nixon. The letter came as Schofield considers Hausfeld’s and Scott + Scott’s motion to serve as co-lead plaintiffs counsel in one piece of the putative class action, which accuses a dozen banks of widespread misconduct in the $5 trillion-per-day foreign exchange market.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
