Opinion
18-CV-2830 18-CV-3985 18- CV-4294 18- CV-4400 18- CV-4402 18-CV-4673
03-29-2022
IN RE MEXICAN GOVERNMENT BONDS ANTITRUST LITIGATION
ORDER
J. PAUL OETKEN, District Judge:
On March 30, 2018, Plaintiffs Oklahoma Firefighters Pension & Retirement System and Electrical Workers Pension Fund Local 103, I.B.E.W. filed a class action complaint against Banco Santander S.A.; Santander Investment Securities, Inc.; Santander Holdings USA, Inc.; Banco Santander (Mexico) S.A.; Institución de Banca Múltiple; Grupo Financiero Santander Mexico; Santander Investment Bolsa; Sociedad de Valores, S.A.U.; Banco Bilbao Vizcaya Argentaria, S.A.; BBVA Securities, Inc.; BBVA Compass Bancshares, Inc.; BBVA Bancomer S.A.; Institucion de Banca Multiple; Groupo Financiero BBVA Bancomer, S.A. de C.V.; JPMorgan Chase & Co.; JPMorgan Chase Bank; National Association; JP Morgan Securities LLC; J.P. Morgan Broker-Dealer Holdings Inc.; Banco J.P. Morgan, S.A. Institución de Banca Múltiple; J.P. Morgan Grupo Financiero; HSBC Holdings PLC; HSBC Bank PLC; HSBC Securities (USA) Inc.; HSBC Markets (USA) Inc.; HSBC México, S.A.; Institucion de Banca Múltiple; Grupo Financiero HSBC; HSBC North America Holdings Inc.; HSBC Latin America Holdings (UK Limited); Barclays PLC; Barclays Capital PLC; Barclays Capital Inc.; Barclays Bank PLC; Grupo Financiero Barclays Mexico, S.A. de C.V.; Barclays Bank Mexico, S.A.; Citigroup Inc; Citigroup Global Markets Inc.; Citigroup Financial Products Inc; Citigroup Global Markets Holdings Inc; Banco Nacional de Mexico, S.A.; Institucion de Banca Multiple; Grupo Financiero Banamex; Bank of America N.A.; Bank of America Corporation; BankAmerica International Financial Corporation; Bank of America Mexico, S.A.; Institución de Banca Múltiple; Grupo Financiero Bank of America; Merrill Lynch; Pierce, Fenner & Smith Incorporated; Deutsche Bank AG; Deutsche Bank Securities, Inc.; Deutsche Bank Americas Holding Corp; Deutsche Bank México, S.A.; Institución de Banca Múltiple; and John Does 1-10. The complaint alleges that Defendants are the “exclusive Mexican government-approved market makers” for Mexican government bonds. (See Dkt. No. 1 (“Compl.”) ¶¶ 1-2.) It asserts an antitrust claim under Section 1 of the Sherman Act, 15 U.S.C. § 1. (See Compl. ¶¶ 282-289.) Since then, other Plaintiffs have filed similar suits in this Court. To date, the following five actions have been assigned or reassigned to the undersigned:
1. Manhattan and Bronx Surface Transit Operating Auth. Pension Plan, et al. v. Banco Santander S.A., et al., No. 18-CV-3985
2. Boston Retirement Sys. v. Banco Santander S.A., et al, No. 18-CV-4294
3. Se. Pa. Transp. Auth. v. Banco Santander S.A., et al, No. 18-CV-4400
4. United Food and Com. Workers Union and Participating Food Indus. Emps. Tri-State Pension Fund v. Banco Bilbao Vizcaya Argentaria S.A., No. 18-CV-4402
5. Gov't Emps.' Ret. Sys. of the Virgin Islands v. Banco Santander S.A., No. 18-CV-4673
The Court ordered these cases consolidated under case number 18-CV-2830. (See Dkt. No. 49.) All filings in the member cases shall be in the lead case. Despite such consolidation, the consolidated cases “retain their separate identities.” Hall v. Hall, 138 S.Ct. 1118, 1128-31 (2018). For administrative purposes, the Clerk of Court is directed to close the other five actions listed above. This order does not affect the rights of the parties in any of the consolidated cases.
SO ORDERED.