Citi Must Turn Over DOJ Docs In Ex-Forex Trader's Suit
By Stewart Bishop (October 7, 2021, 7:42 PM EDT) -- A New York federal judge on Thursday ordered Citigroup Inc. to turn over a trove of documents, which it supplied to the U.S. Department of Justice in connection with a global crackdown on foreign currency exchange-rigging, to a former forex trader who claims the bank framed him to limit the fallout for itself.
During an afternoon teleconference, U.S. Magistrate Judge Stewart Aaron directed Citi to turn over all of the roughly 140,000 documents that it gave to the Justice Department to Rohan Ramchandani, the former London-based head of the bank's European forex spot-market trading desk who was acquitted in 2018 of...
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