7.11 16-0294 Subject: Partial Settlement Of Municipal Derivatives Antitrust Litigation From: Off Of The City Administrator Recommendation: Adopt A Resolution Approving Partial Settlement Of In Re Municipal Derivatives Antitrust Litigation, United States District Court Southern District Of New York, MDL No. 1950, Authorizing Acceptance Of Payment From UBS AG Of $75,000.00, Acceptance Of Payment From Piper Jaffray & CO. Of $45,000.00, And Acceptance Of Payment From Natixis Funding CORP. Of $70,000.00 In Exchange For Dismissal Of The City's Lawsuit Againist These Defendants - City of Oakland

Meeting: Concurrent Meeting of the Oakland Redevelopment Successor Agency and the City Council on 2016-10-18 5:30 PM

Meeting Time: October 18, 2016 at 5:30pm PDT

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Agenda Item

7.11 16-0294 Subject: Partial Settlement Of Municipal Derivatives Antitrust Litigation From: Off Of The City Administrator Recommendation: Adopt A Resolution Approving Partial Settlement Of In Re Municipal Derivatives Antitrust Litigation, United States District Court Southern District Of New York, MDL No. 1950, Authorizing Acceptance Of Payment From UBS AG Of $75,000.00, Acceptance Of Payment From Piper Jaffray & CO. Of $45,000.00, And Acceptance Of Payment From Natixis Funding CORP. Of $70,000.00 In Exchange For Dismissal Of The City's Lawsuit Againist These Defendants

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