November 9, 2018
Michelle Clerkin appointed to Plaintiffs’ Steering Committee for Volatility Index MDL
U.S. District Judge Manish S. Shah appointed Motley Rice antitrust attorney Michelle Clerkin to the Plaintiffs’ Steering Committee for Volatility Index (VIX) multidistrict litigation, In re: Chicago Board Options Exchange Volatility Index Manipulation Antitrust Litigation, MDL No. 1:18-cv-04171, in the Northern District of Illinois, Eastern Division. Michelle is one of four attorneys on the PSC, which is charged with consulting with Plaintiffs’ co-lead counsel in coordinating pre-trial activities and planning for trial.
Plaintiffs in the MDL seek to hold several trading firms and financial institutions accountable for allegedly manipulating the pricing of VIX-linked financial instruments.