Firms face aluminum-warehouse lawsuit

08/8/2013 | Reuters

A lawsuit filed in Florida accuses Glencore Xstrata, JPMorgan Chase, the London Metal Exchange and Goldman Sachs of artificially inflating aluminum prices and engaging in antitrust practices relating to their metal-warehouse businesses. The suit claims the companies are guilty of "manipulation of the aluminum market through supply price fixing," as well as other infractions.

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