November 12, 2019
A New York federal judge has reached out to the Manhattan U.S. attorney in connection with a now-dismissed lawsuit that alleged a major South Korean bank stole €8 billion ($8.73 billion), flagging what he said might have been fraud and other related misconduct by the bank's accuser.
September 26, 2019
One of South Korea's largest banks has beaten a lawsuit alleging it stole €8 billion ($8.73 billion) that was being wired across the globe to the accounts of a U.S.-registered investment company and its Korean joint venture partner, with a New York federal judge booting the case as a "tall tale" worthy of sanctions.