CME Group, Nymex win dismissal of lawsuit related to carbon offsets

The plaintiffs said the refusal reduced the value of their futures contracts, causing tens of millions of dollars of lost profits plus damages from related commissions and brokerage fees

u.s. District judge lorna schofield in manhattan dismissed a commodity exchange act claim and various state law-based claims, and said the latter can be refiled in state court

u.s. Judge dismisses lawsuit accusing cme group and nymex of refusing to enforce rules related to carbon offsets