In Re Western States Wholesale Natural Gas Antitrust Litigation, MDL No. 1566, (D. Nev.) KSG is Co-Lead Counsel for plaintiffs in an antitrust class action against sellers and marketers of natural gas, stemming from defendants’ alleged anticompetitive behavior during the California Energy Crisis of 2000-2001. In this case, plaintiffs allege that the defendant gas providers reported false trades and exaggerated trading volumes to the publishers of gas pricing indices, by which the market sets prices, and otherwise conspired to manipulate the natural gas market, resulting in artificially inflated prices.
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Originally Posted: 12/15/2005