Cahill prevailed on behalf of Credit Suisse in securing the dismissal of a class action alleging that Credit Suisse and other bank defendants violated the antitrust laws by conspiring to boycott the development of electronic platforms for the trading of odd lot corporate bonds, which are trades that involve fewer than 1,000 bonds or less than $1 million.
On September 2, 2025, Judge Valerie Caproni of the U.S. District Court for the Southern District of New York granted defendants’ motions to dismiss, ruling that plaintiffs had failed to allege a boycott, to connect defendants to that alleged boycott, and to file their claim on a timely basis.
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