Peter Demato focuses his practice on antitrust and financial markets class actions, litigating complex cases from investigation through trial. Over his career, he has helped recover hundreds of millions of dollars for injured plaintiffs in major price-fixing and market manipulation matters. Admitted in New York, he holds a J.D., cum laude, from Brooklyn Law School and a B.S. in Finance from Stony Brook University.
Focus Area
Antitrust & Competition Law
Complex Class Action Litigation
Financial Services Litigation
Language
English
Signature Cases
Boutchard v. Gandhi, et al., No. 1:18-cv-07041 (N.D. Ill.)
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Represented investors in one of the first commodities manipulation class actions based on spoofing.
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Member of the lead counsel team that achieved a $15 million settlement.
Ploss v. Kraft Foods Group, Inc., et al., No. 15-cv-2937 (N.D. Ill.)
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Represented wheat futures investors in a class action against Kraft Foods alleging violations of the Commodity Exchange Act and the Sherman Act.
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Member of the lead counsel team.
Current Cases
In re RealPage, Inc., Rental Software Antitrust Litigation (No. II), No. 3:23-md-03071 (M.D. Tenn.)
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Represented renter class against RealPage and major property management companies in an action alleging a conspiracy to fix rental housing prices around the country through revenue management software.
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Led the efforts of one Plaintiffs’ Steering Committee Firm, including coordinating discovery and depositions with certain defendants.
In re Passenger Vehicle Replacement Tires Antitrust Litigation, No. 5:24-md-3107 (N.D. Ohio)
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Represented direct purchaser class against Bridgestone, Continental, Goodyear, Michelin, Nokian, and Pirelli in an action alleging that tire manufacturers conspired to fix prices of replacement tires in the United States.
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Member of the lead counsel team.
In Re: Shell Eggs Antitrust Litigation, No. 3:26-md-3175 (W.D. Wisc.)
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Represented direct purchasers of shell eggs against many of the largest egg producers in the United States in an action alleging a conspiracy to artificially increase the price of eggs.
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Member of lead counsel team for the direct purchaser class.
William Basinski v. Permian Resources Corp., et al., No. 1:25-cv-00568 (D.N.M.)
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Represented trader class against major independent shale oil producers in action alleging that those producers conspired to restrict domestic oil production and fix prices of WTI crude oil futures and options.
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Member of the lead counsel team for the class of futures traders.