Glencore Xstrata and JPMorgan Chase & Co face a U.S
James McKay
BRR Media
Glencore Xstrata and JPMorgan Chase & Co face a U.S. lawsuit, along with the London Metal Exchange, alleging they artificially inflated aluminium prices, in the second legal challenge related to metal warehousing in a week. The suit, which also names Goldman Sachs and subsidiaries of both Goldman and JP Morgan, accuses the firms of engaging in anti-trust and racketeering practices.
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