4.9 16-0294 Subject: Partial Settlement Of In Re Municipal Derivatives Antitrust Litigation
From: Off Of The City Administrator
Recommendation: Resolution Approving Partial Settlement Of In Re Municipal Derivatives Antitrust Litigation, United States District Court Southern District Of New York, MDL No. 1950, Authorizing Acceptance Of Payment From UBS AG Of $75,000.00, Acceptance Of Payment From Piper Jaffray & Co. Of $45,000.00, And Acceptance Of Payment From Natixis Funding Corp. Of $70,000.00 In Exchange For Dismissal Of The Lawsuit By The City; To Be On The October 18, 2016 City Council Agenda