Ex-SocGen Exec Says Libor Charges Stem From Gender Bias
Law360 (July 6, 2018, 11:40 PM EDT) -- A former Société Générale SA executive on Friday urged a New York federal judge to toss criminal charges relating to a Libor manipulation scheme, arguing she and a fellow female executive were targeted for prosecution because of their gender, while their male higher-ups skated.
In her motion to dismiss, French national Muriel Bescond, 49, the former global head of short-term derivatives at SocGen corporate and investment banking, tells U.S. District Judge Joanna Seybert that the charges against her and her co-defendant, Danielle Sindzingre, are the result of an impermissible selective prosecution.
Bescond argues that a settlement the bank reached with the government last...
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