Ian Sloss joined Silver Golub & Teitell’s Class Action & Complex Litigation practice in 2019. Prior to SGT, he spent nearly five years working at a boutique antitrust and commodities manipulation litigation firm headquartered in New York. Mr. Sloss focuses his practice on representing investors and consumers in antitrust, financial instrument manipulation, privacy, and consumer protection matters.
For example, Mr. Sloss currently represents several municipal retirement funds and a union pension fund in Town of Fairfield, et al. v. Allianz Global Investors U.S. LLC, No. 20-cv-05817 (S.D.N.Y.), a putative class action against insurance giant Allianz SE’s asset management business unit Allianz Global Investors U.S. LLC (AllianzGI) seeking to recover billions in losses arising out of AllianzGI’s alleged breach of its fiduciary duties to investors in AllianzGI’s Structured Alpha suite of hedge funds.
Before joining SGT, Mr. Sloss represented United States-based investors in government-issued debt in In re: European Government Bonds Antitrust Litigation, No. 19-cv-02601 (S.D.N.Y), a putative class action alleging that several of the world’s largest banks colluded in the primary and secondary bond markets to manipulate the prices of bonds issued by the governments of several European nations. Mr. Sloss’ practice has also included several class actions involving the manipulation of benchmark interest rates and the corresponding derivative financial instruments. See, e.g., Laydon v. Mizuho Bank, Ltd., No. 12-cv-03419 (S.D.N.Y) (manipulation of Yen-LIBOR-denominated financial instruments); Sullivan v. Barclays PLC, No. 13-cv-02811 (S.D.N.Y.) (manipulation of EURIBOR-denominated financial instruments); In re: London Silver Fixing Ltd. Antitrust Litigation, No. 14-md-02573 (S.D.N.Y.) (manipulation of the London Silver Fix); Sonterra Capital Master Fund Ltd. v. Credit Suisse Group AG, No. 15-cv-871 (S.D.N.Y) (manipulation of Swiss franc-LIBOR-denominated financial instruments). Collectively these actions have resulted in more than $820 million in settlements.