Judge Katherine Forrest of the Southern District of New York
recently dismissed another set of complaints in what she described
as "the next chapter in the saga" of the In re
Aluminum Warehousing Antitrust Litigation cases, No. 13-md-024710-KBF (S.D.N.Y. Nov. 30, 2016).
Referring to her previous
October 5, 2016 ruling, which dismissed claims asserted by
certain first-level purchasers of aluminum products, Judge Forrest
found (in a ruling dated November 30, 2016) that the remaining
complaints by additional first-level purchasers were equally
defective because they too failed to establish antitrust injury.
The October 5, 2016 ruling, in turn, substantially relied on the
Second Circuit's August 9, 2016 opinion, which affirmed
dismissal of claims brought by indirect purchasers of aluminum or
aluminum products. Broadly, the various complaints alleged that
aluminum futures traders, banks, and others conspired to manipulate
the warehouse storage costs of aluminum, resulting
