Investors Defend Doc Request To NY Agency In Forex Case
Law360 (September 15, 2020, 6:55 PM EDT) -- Investors accusing Credit Suisse AG of foreign exchange market manipulation have defended a request for documents from New York state's banking regulator, saying their subpoena came after trying for nine months to obtain the material under the state's Freedom of Information Law.
The investors responded Monday in New York federal court to premotion letters from the New York State Department of Financial Services and Credit Suisse, which are seeking to quash a subpoena the agency said requests some 15 million pages of documents.
The investors argued that the documents are relevant to their claims that Credit Suisse participated in the alleged...
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