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Thursday, April 18, 2024 | Back issues
Courthouse News Service Courthouse News Service

Energy Crisis Relic

In an unpublished memorandum issued Thursday, a Ninth Circuit panel ruled Sinclair Oil can pursue antitrust claims against three natural gas traders over price manipulations during the 2000-2002 energy crisis because a New York class action settlement only involved market trades, not direct purchasers like Sinclair.

SAN FRANCISCO – In an unpublished memorandum issued Thursday, a Ninth Circuit panel ruled Sinclair Oil can pursue antitrust claims against three natural gas traders over price manipulations during the 2000-2002 energy crisis because a New York class action settlement only involved market trades, not direct purchasers like Sinclair.

Categories / Appeals, Energy, Securities

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