Cartel lawyers to argue for case dismissal on January 29

The legal representatives of Ashton, Ramchandani and Usher will ask a federal judge to throw out the case against the three men

US regulations
Defence's argument: lawyers say the US judge should dismiss the case because of due process violation

A federal court judge is set to hear arguments to dismiss a pending criminal case against three foreign exchange “cartel” members whom the US claimed conspired to rig prices in EUR/USD and restrain trading for the currency pair.

Defence attorneys for former currency traders Christopher Ashton, Rohan Ramchandani and Richard Usher plan to argue on January 29 for US District Court judge Richard Berman to throw out the case. They say the indictment filed in the Southern District Court of New York

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