LME nickel suits reach at least $581 million: Hotter on metals

The London Metal Exchange is facing lawsuits seeking damages collectively worth more than half a billion dollars for losses that investors allege they suffered as a result of nickel trades being canceled by the exchange last year.

There are five main suits, filed within a year of the cancellations on March 8, 2022, each claiming a breach of human rights.

The biggest financial claim, by Elliot Management...

Published

Andrea Hotter

March 16, 2023

17:58 GMT

New York