1. Home
  2. |Insights
  3. |Litigation Note: Crowell & Moring Wins Eight-Figure Damages Award for O1 LLC in Arbitration

Litigation Note: Crowell & Moring Wins Eight-Figure Damages Award for O1 LLC in Arbitration

Firm News | 1 min read | 02.21.17

Washington, D.C. – February 21, 2017: Crowell & Moring obtained a final award in a JAMS streamlined arbitration in favor of client O1 LLC, a commodity trading adviser. The eight-figure damages award, announced on February 17, fully vindicates O1's position.

O1 had entered into two agreements with respondents NEO Markets and NEO Technologies to use their high-frequency trading platform. As a consequence of related disputes between these parties, NEO decommissioned that system. Pursuant to the agreements, O1 filed claims under JAMS' arbitration rules in April and sought damages for breach of contract.

The award follows a four-day evidentiary hearing in Boston late last year. The Crowell & Moring team for O1 included partner Mark Klapow, counsel Gary Stahl, and associate Tyler O'Connor.

Insights

Firm News | 3 min read | 03.04.26

Former Special Counsel to the FBI Director and Federal Prosecutor Rajeev Raghavan Joins Crowell & Moring’s Privacy & Cybersecurity Group

Washington, D.C. – March 4, 2026: Crowell & Moring has expanded its Privacy and Cybersecurity Group with the addition of Rajeev Raghavan, a former Special Counsel to the Director of the Federal Bureau of Investigation and federal prosecutor. With more than 15 years of direct experience handling cybercrime, technology, regulatory, and enforcement challenges, and a foundational background as a computer programmer, Raghavan further strengthens the firm’s ability to help clients respond to evolving cybersecurity threats and navigate a rapidly changing legal and regulatory environment....