Employees get deposition stay in FX antitrust case

Depositions and interviews with bank staff in benchmark rigging case delayed until December 8

US-flag-and-gavel
The banks involved in the case will face depositions in the civil lawsuit

A US District Court judge has approved in part a request from the Department of Justice (DoJ) to stay depositions against former and current employees at seven banks accused of rigging the $5 trillion-a-day currency markets.

In an August letter to District Court judge Lorna Schofield, who presides over the case, the DoJ expressed concerns the depositions in the civil class action lawsuit could hamper the government agency’s efforts to investigate alleged misconduct in currency markets.

In

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.fxweek.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: