Client alleges that Detroit-based Metro International Trade Services LLC manipulated the aluminum market in North America

Michigan-based scrap metal dealership retained Morganti Legal, P.C. to lodge an monopolization claim against Metro International Trade Services LLC for abusing its market power in the warehousing of London Metal Exchange approved brands of aluminum in North America resulting aluminum in the spot market being over priced.  The action is styled as VIVA Railings LLC and Regal Recycling, Inc. v. Goldman Sachs Group Incorporated, GS Power Holdings LLC, and Metro International Trade Services LLC, 13-CV-5537 (S.D.N.Y.)