In response to a press release issued earlier today by the Louisiana Municipal Police Employees’ Retirement System (LAMPERS), CBOT Holdings, Inc. announced that it is not a party to the settlement agreement of the LAMPERS lawsuit. The agreement is between LAMPERS and CME Holdings only.
Attorney for CBOT Holdings and its board Peter B. Carey said, “CBOT Holdings continues to deny that it, or its directors, have any liability whatsoever to LAMPERS. As a practical matter, LAMPERS willingness to dismiss its lawsuit against CBOT Holdings, with a full release of CBOT from any liability, acknowledges the propriety of the CBOT Board’s process and its business judgments regarding the proposed CME/CBOT merger.”