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2017 CBOT Wheat Futures Class Action

This official website is maintained by the Settlement Administrator retained and supervised by Class Counsel for the Settlement Class Members in the action consolidated within Dennis v. The Andersons Inc., Case No. 1:20-cv-04090 pending in the United States District Court for the Northern District of Illinois Eastern Division. 

2017 CBOT Wheat Futures Class Action

The Class certified by the Court is defined as all persons or entities who purchased:

  1. A long position in Chicago Board of Trade (“CBOT”) soft red winter (“SRW”) wheat December 2017 or March 2018 futures contracts;
  2. A long position in CBOT call options on CBOT soft red winter wheat March 2018 futures contracts; or
  3. A short position in CBOT put options on CBOT soft red winter wheat March 2018 futures contracts—and subsequently liquidated the position through an offsetting market transaction at any point during the period of November 30 through December 14, 2017, inclusive (the “Class Period”), except that sales of CBOT March 2018 futures contracts made after December 14, 2017, qualify for inclusion in the Class only to the extent they were made in liquidation of a long position in the CBOT March 2018 contract which was initiated prior to December 14, 2017.

The information contained on this web page is only a summary of information presented in more detail in the Notice of Pendency of Class Action (the “Notice”), which you can access by clicking here.  Since this website is just a summary, you should review the Notice for additional details.

Your legal rights are affected even if you do nothing. Please read the Notice carefully.

If you purchased a Chicago Board of Trade (“CBOT”) soft red winter (“SRW”) wheat December 2017 or March 2018 futures contract after November 29, 2017, or a CBOT call option on CBOT soft red winter wheat March 2018 futures contracts, or a CBOT put option on CBOT soft red winter wheat March 2018 futures contracts after November 29, 2017, you could be affected by a class action lawsuit concerning claims against The Andersons, Inc. (“TAI”) and Cargill, Incorporated (“Cargill,” and together with TAI, “Defendants”) alleging manipulation of the CBOT SRW December 2017 futures contract (“CBOT December 2017 Contract”) and the CBOT SRW March 2018 futures contract (“CBOT March 2018 Contract”) and options on the CBOT SRW March 2018 Contract.

YOUR LEGAL RIGHTS AND OPTIONS IN THESE SETTLEMENTS
Description Due Date

DO NOTHING

If you do nothing you will remain in the Class. The case is ongoing.

OPT OUT OF THE CLASS ACTION

If you wish to opt out of this class action, you must submit a completed Opt Out form by February 3, 2026.  If you opt out, you will not be bound by any court orders, judgments, jury verdicts, or settlements approved by the Court, and keep your right to sue or otherwise resolve your potential claims against Defendants on your own; however, you will not be able to make a claim against any money or benefits that might be recovered by the Class from Defendants as a result of a judgment or settlement, if any.  See page 6 of the Notice.

If you have questions, you may call the Settlement Help Line at 866-588-5528, or email info@2017CBOTwheatfuturesclassaction.com