Tag: DOJ

  • DOJ insists on confidentiality of docs in lawsuit introduced by Citi FX dealer

    A lawsuit introduced by former Citi FX dealer Rohan Ramchandani in opposition to his ex-employer continues to be tormented by points regarding proof. This turns into obvious by a letter submitted by the Division of Justice (DOJ) on August 17, 2023 on the New York Southern District Courtroom. DOJ says it believes there’s a continued…

  • UBS to pay greater than $1.4bn to resolve RMBS matter with DOJ

    UBS has reached an settlement with the USA Division of Justice (DOJ) to settle a legacy matter from 2006-2007, associated to the issuance, underwriting and sale of residential mortgage-backed securities (RMBS). Underneath the phrases of the settlement, UBS pays USD 1.435bn to resolve all civil claims by the DOJ in reference to UBS’s legacy RMBS…

  • DOJ seeks to remain CFTC proceedings towards crypto fraudster Rashawn Russell

    The US Division of Justice (DOJ) is looking for to intervene in a lawsuit introduced by the Commodity Futures Buying and selling Fee (CFTC) towards crypto fraudster Rashawn Russell. On Might 2, 2023, the DOJ submitted the related movement and supporting paperwork on the New York Jap District Courtroom. The DOJ needs to intervene within…