May 24, 2021
A former JPMorgan Chase & Co. foreign currency trader convicted of price-fixing told the Second Circuit that a lower bar for conviction should not be applied to his criminal case just because the government says so.
May 03, 2021
The U.S. Department of Justice urged the Second Circuit on Friday to uphold a former JPMorgan Chase & Co. foreign currency trader's price-fixing conviction, scoffing at his claims that the district court misapplied antitrust law and failed to evaluate potential juror misconduct.
December 02, 2020
A Second Circuit panel on Wednesday allowed a former JPMorgan Chase & Co. foreign currency trader to delay reporting to prison while he appeals his price-fixing conviction, one day after the judges indicated they would grant bail while they mull a legal question raised by the defense.
November 12, 2020
A former JPMorgan Chase & Co. foreign currency trader convicted of conspiring to fix currency prices can't stay out of jail while he appeals the conviction, a New York federal judge ruled Wednesday.
September 17, 2020
A former JPMorgan Chase & Co. foreign currency trader convicted of conspiring to fix currency prices was sentenced to eight months in prison on Thursday.
July 07, 2020
A former JPMorgan trader's conviction for scheming with the competition to fix prices in the foreign currency market remains intact after a Manhattan federal judge said the evidence at trial was more than enough to support the verdict.
April 20, 2020
Prosecutors told a Manhattan federal judge Monday that former JPMorgan trader Akshay Aiyer deserves more than three years in prison for manipulating foreign currency prices after his lawyers argued for a sentence of home confinement.
January 28, 2020
U.S. Department of Justice prosecutors urged a New York federal judge not to upend a verdict finding Akshay Aiyer guilty of fixing currency prices, arguing the onetime JPMorgan forex trader was held to the proper legal standard and can't cherry-pick evidence to undermine the jury's findings.
January 15, 2020
One juror discussed his time in the box on his podcast and another juror's colleagues and family reportedly researched the case during trial, but those actions weren't enough for a New York federal judge to vacate a verdict finding onetime JPMorgan forex trader Akshay Aiyer guilty of fixing currency prices.
November 20, 2019
A Manhattan federal jury on Wednesday convicted onetime JPMorgan forex trader Akshay Aiyer of scheming to fix currency prices to boost his earnings, delivering a guilty verdict on a count of conspiring to restrain trade in violation of the Sherman Act.