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$15 Billion Antitrust Lawsuit filed Against Goldman Sachs and JP Morgan for Alleged Monopolistic Aluminum Practices

August 8, 2013

Antitrust Justice lawsuit was filed today by the Law Firm of Howard & Associates, P.A. against Goldman Sachs Group, Inc., Metro International Trade Services, Glencore Xstrata, Inc., Henry Bath, LLC, Henry Bath & Son, LTD, JP Morgan Chase & CO., The London Metal Exchange, and related collusive parties, for their alleged antitrust aluminum practices that has cost direct and indirect aluminum consumers $5 billion dollars over the past 3 years, and $3 billion dollars during this past year alone.

Tallahassee, Florida (PRWEB) August 08, 2013

On August 6, 2013, the Law Firm of Howard & Associates, P.A., filed a $15 Billion Antitrust Action Against Goldman Sachs, JP Morgan for Antitrust Aluminum Practices. For further information please contact Professor Tim Howard, J.D., Ph.D., at 850-298-4455, or at his e-mail address: tim(at)howardjustice(dot)com

Antitrust Justice lawsuit was filed today against Goldman Sachs Group, Inc., Metro International Trade Services, Glencore Xstrata, Inc., Henry Bath, LLC, Henry Bath & Son, LTD., JP Morgan Chase & Co., The London Metal Exchange, and related collusive parties, for their alleged antitrust aluminum practices that have possibly cost direct and indirect aluminum consumers $5 billion dollars over the past 3 years, and $3 billion dollars during this past year alone. Copy of Masters Screen, INC., and Grace Adrianna Fletcher, et al., v. Goldman Sachs Group, Inc., et al., Case No: 4:13-CV-431, United States District Court for the Northern District of Florida, Tallahassee Division. Antitrust Justice Lawsuit attached.

Goldman Sachs, JP. Morgan and the Defendants are alleged to have colluded to store aluminum in order to pocket $5 billion from the market over the past three years. “Goldman Sachs, JP Morgan and its partners assert the ideal of free market allocation of resources and efficiencies, and anti-government regulation, while they allegedly engage in antitrust practices,” said Professor Howard. “This alleged intentional inefficient monopolistic storage of aluminum would expose a brand of predatory capitalism. Free markets are to be free, not inefficiently manipulated by $ multi-trillion dollar, multi-national corporations,” Professor Howard continued.

“As a consumer that believes in free markets, and efficient competition, Goldman Sachs' and JP Morgan's alleged collusion of antitrust control of the aluminum markets makes me angry,” said Grace Fletcher. “I am glad that there are justice advocates and laws to hold multi-national companies accountable.”

For the original version on PRWeb visit: http://www.prweb.com/releases/2013/8/prweb11002992.htm


Source: prweb



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