Nasdaq Market Makers Antitrust Litigation

Nasdaq Market-Makers Antitrust Litigation - class-action lawsuit initiated in 1996 alleging collusion amongst Wall Street traders. The class action alleged that NASDAQ market-makers set and maintained wide spreads pursuant to an industry-wide conspiracy. Litigation took nearly four years and was eventually settled for $1.027 billion, which was the largest antitrust recovery up to that point. See also Electronic communication network List of class action lawsuits References Class action lawsuits Law articles needing an infobox