Still no sentencing date for ex-Deutsche Bank traders convicted of spoofing
The Court has deferred setting a sentencing date for former Deutsche Bank traders James Vorley and Cedric Chanu accused of spoofing.
The Court has deferred setting a sentencing date for former Deutsche Bank traders James Vorley and Cedric Chanu accused of spoofing.
Deutsche Bank says a lawsuit accusing it of spoofing U.S. Treasury futures and Eurodollar futures products should be dismissed.
According to former Deutsche Bank traders, the US government fails to address the context of trading on an anonymous electronic exchange.
Deutsche Bank has agreed to pay more than $130 million to resolve the government’s investigation into FCPA violations and a commodities fraud case.
The US Government insists that the evidence at trial supported the convictions of former Deutsche Bank traders James Vorley and Cedric Chanu.
Former Deutsche Bank traders James Vorley and Cedric Chanu refer to a “spoofing sequences” spreadsheet set to vindicate them.
The Court has agreed with former Deutsche Bank traders James Vorley and Cedric Chanu that their sentencing has to be adjourned.
James Vorley and Cedric Chanu will push for a new trial pursuant to Federal Rule of Criminal Procedure 33.