In re Aluminum Warehousing Antitrust Litigation
Opinion
TRANSFER ORDER
Before the Panel:
All parties support centralization under Section 1407, but disagree on an appropriate choice for transferee district. Movant’s request for the Eastern District of Michigan is joined by plaintiffs in thirteen potential tag-along actions pending in various districts. Plaintiffs in the Northern District of Florida action suggest centralization in the Northern District of Florida. Plaintiffs in a Central District of California potential tag-along action suggest centralization in the Central District of California. Plaintiff in the Eastern District of Louisiana action suggest centralization in the Eastern District of Louisiana. Several plaintiffs, in the event that their primary suggested forum is not selected, suggest centralization in the Eastern District of Michigan. Plaintiffs in three Southern District of New York potential tag-along actions support centralization in the Southern District of New York, as do defendants London Metal Exchange, Ltd.; Henry Bath LLC; and JP Morgan Chase & Co. Goldman Sachs defendants2 support centralization in either the Eastern District of Michigan or the Southern District of New York.
On the basis of the papers filed and the hearing session held, we find that these actions involve common questions of fact, and that centralization in the Southern District of New York will serve the convenience of the parties and witnesses and promote the just and efficient conduct of this litigation. All actions share factual questions arising from allegations that defendants violated federal antitrust law by monopolizing domestic aluminum supplies, conspiring to restrain aluminum supplies, and fixing the prices of aluminum premiums. Plaintiffs specifically focus on conduct involving a series of warehouses owned by Goldman Sachs subsidiary Metro International in the Detroit area, where the alleged backlog of aluminum has occurred. Centralization will eliminate duplicative discovery; prevent inconsistent pretrial rulings (especially with respect to class certification); and conserve the resources of the parties, their counsel and the judiciary.
Weighing all factors, we have selected the Southern District of New York as the transferee forum. This forum has a significant connection to the litigation, inasmuch as defendants J.P. Morgan and Goldman Sachs are headquartered there. Numerous decisions regarding alleged anticompetitive conduct in the market for aluminum likely were made in this district. Moreover, this district is a relatively convenient forum for a central figure in the alleged conspiracy, the London Metal Exchange. By centralizing this litigation before Judge Katherine B. Forrest, we are selecting a jurist well-versed in the nuances of complex antitrust litigation to steer this controversy on a prudent course.
IT IS THEREFORE ORDERED that pursuant to 28 U.S.C. § 1407, the actions listed on Schedule A and pending outside the Southern District of New York are transferred to the Southern District of New York and, with the consent of that court, assigned to the Honorable Katherine B. Forrest for coordinated or consolidated pretrial proceedings.
[1364]*1364SCHEDULE A
MDL No. 2481 — IN RE: ALUMINUM WAREHOUSING ANTITRUST LITIGATION
Northern District of Florida
Master Screens Inc., et al. v. Goldman Sachs Group Inc., et al., C.A. No. 4:13-00431
Eastern District of Louisiana
River Parish Contractors Inc. v. Goldman Sachs Group, Inc., et al., C.A. No. 2:13-05267
Eastern District of Michigan
Superior Extrusion, Inc. v. Goldman Sachs Group, Inc., et al., C.A. No. 2:13-13315
Judges Marjorie O. Rendell and Ellen Segal Huvelle took no part in the decision of this matter.
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988 F. Supp. 2d 1362 (In re Aluminum Warehousing Antitrust Litigation) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.