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· 3/5/2013

Mayor and City Council of Baltimore, Maryland v. Citigroup, Inc.

Citations

  • 709 F.3d 129
  • 2013 WL 791397
  • 2013 U.S. App. LEXIS 4591

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • holding that “even if a plaintiff alleges additional facts or circumstances – what we have previously called ‘plus factors’ – these facts must still lead to an inference of conspiracy”
  • noting that plausibility standard applies only to factual allegations, not “legal conclusions couched as factual allegations” (citation omitted)
  • holding plaintiffs failed to allege a conspiracy because “en masse flight from a collapsing market in which [defendants] had significant downside exposure—made perfect business sense”
  • explaining that direct evidence “would consist, for example, of a recorded phone call in which two competitors agreed to fix prices at a certain level”
  • explaining that direct evidence “would consist, for example, of a recorded phone call in which two competitors agreed to fix prices at a certain level”
  • noting that an e-mail or phone call can provide direct evidence of conspiracy

Source: CourtListener parenthetical corpus (CC0).

Judges: Leval, Katzmann, Hall

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.