NEW YORK: A U.S. judge on Friday dismissed antitrust litigation accusing Wall Street banks and commodity merchants including Goldman Sachs Group Inc and Glencore Plc of conspiring to drive up aluminum prices by reducing supply.
In an 85-page decision, U.S. District Judge Katherine Forrest in Manhattan said there was no indication the defendants intended to manipulate prices, though it was clear that their actions affected the aluminum marketplace.
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