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CFTC v. Parnon Energy Inc., et al.

Supported the expert witness and advised clients in CFTC v. Parnon Energy Inc., et al., Case No. 11-cv-3543 (SDNY) involving alleged manipulation of crude oil calendar spreads. Analyzed whether the NYMEX Light Sweet Crude Oil Futures Contract calendar spread prices were artificial on specified dates, the degree of artificiality, and whether defendants’ actions were a proximate cause of the artificiality.

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