Mehri & Skalet is counsel for a plaintiff natural gas trader in a commodities manipulation class action against Energy Transfer Partners, L.P. (“ETP”).   Plaintiff alleges that ETP exploited its position as the dominant trader at the Houston Ship Channel to manipulate the price of natural gas and natural gas futures contracts, in violation of the federal Commodity Exchange Act.  

 

Plaintiff seeks to prosecute his commodity manipulation claim on behalf of a class of all futures traders on the New York Mercantile Exchange or “NYMEX,” the dominant exchange for natural gas futures, and the national price benchmark for the industry.