July 10, 2024
Deutsche Bank has settled a lawsuit brought by a former trader who claimed the bank scapegoated him when the U.S. Department of Justice began an investigation into suspected interest rate rigging, according to a Wednesday filing in New York federal court.
October 31, 2023
A Manhattan federal judge on Tuesday declined to let Deutsche Bank escape a suit by a former trader who claimed he was made a scapegoat by the bank when the Justice Department began investigating it on suspicion of interest-rate rigging.
May 02, 2023
The onetime head of Deutsche Bank's New York derivatives trading desk has urged a Manhattan federal court to keep his malicious prosecution suit against his former employer intact, arguing that misrepresentations the bank made to federal prosecutors led to his conviction on rate-rigging charges he was later exonerated of.
April 04, 2023
Deutsche Bank has asked a Manhattan federal judge to toss a malicious prosecution suit by a former trader whose conviction for interest-rate manipulation was overturned on appeal, saying it was solely the government's decision to file charges.
January 25, 2023
A former Deutsche Bank trader whose 2018 Libor-rigging conviction was overturned initiated a $30 million civil action in New York state court on Wednesday accusing his former employer of malicious prosecution.
November 18, 2022
Deutsche Bank has been sued for $150 million by a former trader who alleges the bank lied to the U.S. Department of Justice and made him a "sacrificial lamb" in a Libor-rigging investigation in which he was eventually convicted of fraud and acquitted by an appellate panel earlier this year.