Try our Advanced Search for more refined results
- Law360
- Law360 UK
- Law360 Pulse
- Law360 Employment Authority
- Law360 Tax Authority
- Law360 Insurance Authority
- Law360 Real Estate Authority
- Law360 Healthcare Authority
- Law360 Bankruptcy Authority
- Products
- Lexis®
- Law360 In-Depth
- Law360 Podcasts
- Rankings
- Regional Powerhouses
- Law360's MVPs
- Women in Law Report
- Law360 400
- Diversity Snapshot
- Practice Groups of the Year
- Rising Stars
- Titans of the Plaintiffs Bar
- Sections
- Adv. Search & Platform Tools
- About all sections
- Browse all sections
- Banking
- Bankruptcy
- Class Action
- Competition
- Employment
- Energy
- Expert Analysis
- Insurance
- Intellectual Property
- Product Liability
- Securities
- Beta Tools
- Track docs
- Track attorneys
- Track judges
USA v. Usher et al
Case Number:
1:17-cr-00019
Court:
Nature of Suit:
Firms
-
January 07, 2021
Acquitted Trader Can Use Some DOJ Evidence For Civil Case
A Manhattan federal judge ruled that an ex-currency trader cleared of rate-rigging charges can hang on to trial exhibits admitted in his criminal case while fighting a follow-on civil suit by the U.S. Treasury Department's Office of the Comptroller of the Currency.
-
November 04, 2020
Acquitted Ex-Forex Traders Press DOJ Ahead Of Civil Trials
A Manhattan federal judge on Wednesday told the U.S. Department of Justice to meet with counsel for two ex-currency traders cleared of criminal rate-rigging charges who wish to access DOJ evidence in a follow-on effort by the Office of the Comptroller of the Currency to hold them civilly liable.
-
October 26, 2018
'Cartel' Traders Cleared Of Forex-Rigging
A Manhattan federal jury on Friday acquitted three former foreign exchange traders for Barclays PLC, Citigroup Inc. and JPMorgan Chase & Co. of forex-rigging charges, rejecting claims they used a chatroom dubbed "the cartel" to suppress competition.
-
October 22, 2018
Expert In Forex 'Cartel' Trial Says Trades Seem Legit
Counsel for a former Citigroup Inc. foreign exchange trader accused of colluding with rival banks to suppress competition in the forex market sought to poke holes in the government's theory of the case on Monday, with a defense expert describing the purportedly suspect trades as aboveboard.
-
October 19, 2018
Jury Hears Ex-Barclays Trader's Worries As Gov't Case Ends
Jurors in the antitrust trial of three former foreign exchange traders for Citigroup, Barclays PLC and JPMorgan Chase & Co. units on Friday heard a recording of a former Barclays trader voice concern about his allegedly collusive trading behavior in the forex market as prosecutors wrapped up their witness testimony.
-
October 12, 2018
Ex-UBS Forex Trader Says 'Cartel' Used Chats To Collude
A former foreign currency exchange trader for Barclays PLC and UBS Group AG on Friday told a Manhattan federal jury that he and three other forex traders at rival banks used a chatroom dubbed "the cartel" to coordinate their euro-U.S. dollar deals, including those tied to benchmark fix rates.
-
October 10, 2018
Forex 'Cartel' Traders Cheated The Market, Jury Hears
Using a private chatroom dubbed "the cartel," three former foreign currency exchange traders for Barclays PLC, Citigroup Inc. and JPMorgan Chase & Co. units colluded to suppress competition in the forex market, a federal prosecutor said Wednesday as the trio's criminal forex-rigging trial began.
-
September 24, 2018
Banks' Guilty Pleas Fair Game In Forex Traders' October Trial
Federal prosecutors set to try three former currency traders for fixing exchange rates received a New York federal judge's blessing Monday to tell jurors that the men's former employers — including Barclays, JPMorgan and Citicorp — have themselves pled guilty to such price-fixing.
-
September 04, 2018
Forex Traders Seek Details On DOJ Talks With Foreign Gov'ts
Three London-based foreign currency exchange traders due to stand trial next month on antitrust charges for allegedly colluding to manipulate benchmark rates argued on Tuesday that prosecutors should turn over communications between the U.S. Department of Justice and foreign governments regarding potential charges against a cooperating witness.
-
August 03, 2018
Forex Traders Want Pleas, Spoofing Claims Kept Out Of Trial
Three London-based foreign currency exchange traders urged a Manhattan federal judge to block prosecutors from bringing up a group of large banks’ guilty pleas to manipulating the forex market, or any accusations of “spoofing” from their upcoming trial.