about Vincent Briganti
Vincent Briganti, a partner of the firm, is an internationally recognized lawyer and a leader of the class action bar. Under his guidance, the firm has earned its position as one of the top plaintiffs’ derivative manipulation and financial services antitrust class action firms in the world.
As head of the firm’s Commodities, Futures and Derivatives Litigation practice group, Mr. Briganti is currently serving as court-appointed lead counsel in numerous class actions against global banking institutions involving antitrust, commodities fraud, and RICO claims relating to alleged manipulation of financial benchmarks, including the London Interbank Offered Rate (“LIBOR”) for the Japanese Yen, Swiss Franc and Pound Sterling, the Euroyen Tokyo Interbank Offered Rate (“TIBOR”), the Euro Interbank Offered Rate (“Euribor”), the Singapore Interbank Offered Rate (“SIBOR”) and the Singapore Swap Offer Rate (“SOR”), the Australian Bank Bill Reference Rate (“BBSW”), the London Silver Fixing (“Silver Fix”), and the Canadian Dollar Offered Rate (“CDOR”). Recoveries in the last two years in the Euribor, Yen-LIBOR, Swiss Franc, and Silver Fix cases already exceed $600 million.
Mr. Briganti’s unique expertise in financial services and derivative litigation was recently recognized when he was appointed as allocation counsel for the over-the-counter investor class in the multi-billion dollar In re Foreign Exchange Benchmark Rates Antitrust Litigation pending before Judge Schofield in the Southern District of New York.
Mr. Briganti also serves as court-appointed sole lead counsel in In re Mexican Government Bonds Antitrust Litigation, which alleges a conspiracy by prominent financial institutions, including Citigroup, Deutsche Bank, JPMorgan, HSBC, and Barclays, among others, to manipulate auctions and rig bids and offers in the trillion-dollar market for Mexican Government Bonds.
Mr. Briganti’s clients include the California State Teachers’ Retirement System (“CalSTRS”), the largest educator-only pension fund in the world and the second largest pension fund in the United States, with almost 1 million members and an investment portfolio worth approximately $213.5 billion, Hayman Capital Management, L.P. founded by J. Kyle Bass, legendary commodity investor Richard Dennis, Federated Investors, and many other sophisticated clients.
Over the course of his career, Mr. Briganti has litigated the most important and complex commodity manipulation actions since the enactment of the Commodity Exchange Act (“CEA”), including In re Sumitomo Copper Litigation, Master File No. 96 CV 4854 (S.D.N.Y.) (Pollack, J.), In re Natural Gas Commodity Litigation, Case No. 03 Civ. 6186 (S.D.N.Y.)(Marrero, J.), Hershey v. Pacific Inv. Management Co. LLC, Case No. 1:05-cv-04681 (N.D. Ill.)(Guzman, J.), In re Amaranth Natural Gas Commodity Litigation, Case No. 07 Civ. 6377 (S.D.N.Y.)(Scheindlin, J.), In re Optiver Commodities Litigation, Case No. 08-cv-6842 (S.D.N.Y.)(Preska, J.).
Mr. Briganti continues to actively represent investors in commodity futures manipulation cases, including as lead counsel in a class action against Kraft Foods Group and Mondelez Global for manipulation of the wheat futures market. Ploss v. Kraft Foods Group, Inc. et al., Case No. 15-cv-2937 (N.D. Ill.) (Chang, J.). Mr. Briganti also currently serves as lead trial counsel for the TeraExchange Group in an action charging global financial institutions with antitrust violations in the multi-trillion dollar credit default swap market. Tera Group Inc et al. v. Citigroup Inc. et al., Case No. 17-04302 (S.D.N.Y)(Sullivan, J.).
Other notable achievements of Mr. Briganti include when on behalf of Federated Investors, one of the nation’s largest investment managers with over $363 billion in assets under management, he obtained emergency injunctive relief to prevent the Government of Argentina from canceling outstanding bonds with a face value of more than $500 million, which had been erroneously tendered by holders of those bonds. Federated Investment Management Company, et al., v. Republic of Argentina, et al., 10 Civ. 4324 (S.D.N.Y. 2010)(Griesa, J.).
Mr. Briganti is admitted to both the New York and Connecticut State bars and is a member of the bars of the U.S. Court of Appeals for the 2nd and 8th Circuits, and U.S. District Courts for the Southern and Eastern Districts of New York. Mr. Briganti received his J.D. from New York Law School in 1996, where he graduated with honors and served as a senior editor of the New York Law School Journal of International and Comparative Law, and he received a B.A. in Political Science from Iona College with honors in 1993.
B.A. Iona College (1993), with honors
J.D. New York Law School (1996), with honors; senior editor of the New York Law School Journal of International and Comparative Law
New York, Connecticut; the U.S. Court of Appeals for the 2nd and 8th Circuits; the U.S. District Courts for the Southern and Eastern Districts of New York