Kodak files lawsuit against banks, LME

Jul 29, 2014 | 06:29 PM | Nathan Laliberte

Tags  aluminum, Eastman Kodak, London Metal Exchange, LME, Goldman Sachs, JPMorgan, Glencore Xstrata, Nathan Laliberte

NEW YORK — Eastman Kodak Co. has filed an antitrust lawsuit against Goldman Sachs Group Inc., JPMorgan Chase & Co., Glencore Xstrata Plc, the London Metal Exchange and others for allegedly scheming to inflate the value of aluminum stored in LME-approved warehouses.

Rochester, NY-based Kodak joins a myriad of plaintiffs who have filed similar lawsuits over the past 12 months (amm.com, March 11).....

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