File #: 16-0294    Version: 1 Name: Partial Settlement Of Municipal Derivatives Antitrust Litigation
Type: City Resolution Status: Passed
File created: 10/5/2016 In control: Concurrent Meeting of the Oakland Redevelopment Successor Agency and Finance and Management Committee
On agenda: Final action: 10/18/2016
Title: Subject: Partial Settlement Of Municipal Derivatives Antitrust Litigation From: Off Of The City Administrator Recommendation: Adopt A Resolution Approving Partial Settlement Of In Re Municipal Derivatives Antitrust Litigation, United States District Court Southern District Of New York, MDL No. 1950, Authorizing Acceptance Of Payment From UBS AG Of $75,000.00, Acceptance Of Payment From Piper Jaffray & CO. Of $45,000.00, And Acceptance Of Payment From Natixis Funding CORP. Of $70,000.00 In Exchange For Dismissal Of The City's Lawsuit Againist These Defendants
Sponsors: Office Of The City Administrator
Attachments: 1. View Report, 2. Supplemental Report, 3. 86427 CMS

Title

Subject:                     Partial Settlement Of Municipal Derivatives Antitrust Litigation

From:                                          Off Of The City Administrator

Recommendation: Adopt A Resolution Approving Partial Settlement Of In Re Municipal Derivatives Antitrust Litigation, United States District Court Southern District Of New York, MDL No. 1950, Authorizing Acceptance Of Payment From UBS AG Of $75,000.00, Acceptance Of Payment From Piper Jaffray & CO. Of $45,000.00, And Acceptance Of Payment From Natixis Funding CORP. Of $70,000.00 In Exchange For Dismissal Of The City's Lawsuit Againist These Defendants