Goldman, BASF, others in $20 million platinum, palladium price-fixing settlement
By JerryPublished On August 27, 2024
Goldman Sachs (GS.N), opens new tab, German industrial company BASF (BASFn.DE), opens new tab and two other banks agreed to pay $20 million to settle a nearly decade-old antitrust lawsuit accusing them of conspiring to suppress platinum and palladium prices.
A preliminary settlement of the proposed class action was filed on Friday night and approved by U.S. District Judge Gregory Woods in Manhattan, court records on Monday show.