EXCLUSIVE: DOJ Redaction Flub May Undermine Libor Case

Law360, New York (August 31, 2017, 10:54 PM EDT) -- U.S. Department of Justice lawyers made a potentially serious error in a Libor-rigging case against a former Deutsche Bank trader Wednesday when they mistakenly revealed the nature of testimony he was compelled to give to U.K. authorities in a separate probe.

The DOJ partially redacted a motion to conceal the content of former Deutsche Bank trader Gavin Black’s testimony before the U.K. Financial Conduct Authority out of concern it could taint the DOJ’s Libor-rigging case against him. But the DOJ lawyers failed to properly excise the sensitive information until Law360 inquired about the faulty redactions Wednesday night.

The U.S. Department of...

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