Former Deutsche Bank traders James Vorley and Cedric Chanu suffered a bitter blow, as the Appeals Court affirmed their sentences.
precious metals spoofing
Judge nixes a motion to dismiss by former JPMorgan traders Gregg Smith, Michael Nowak, Christopher Jordan, and Jeffrey Ruffo.
The settlement provides for a $60 million cash payment to eligible Class Members impacted by JPMorgan’s manipulation.
The CFTC opposes the arguments raised by former Deutsche Bank traders James Vorley and Cedric Chanu, accused of spoofing.
Former JPMorgan traders Michael Nowak and Jeffrey Ruffo have entered pleas of not guilty at the Illinois Northern District Court.
A class of plaintiffs has asked the Court to approve a $60 million cash settlement with JPMorgan in a precious metals spoofing lawsuit.
Former Deutsche Bank traders James Vorley and Cedric Chanu refer to a “spoofing sequences” spreadsheet set to vindicate them.