Big changes to California’s state antitrust law, called the Cartwright Act, may be in the works. These changes, if enacted, would represent a significant departure from current.
Cleary Gottlieb is opening in California after hiring antitrust lawyer Heather Nyong’o and relocating a team from its New York and Washington DC offices.
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LONDON (Reuters) -A U.S. regulator has dropped a case against two former top London currency traders that alleged exchange-rate rigging, the agency said on Thursday, drawing a line under an eight-year pursuit by U.S. authorities.
The U.S. Office of Comptroller of the Currency (OCC) withdrew its case in federal court against Richard Usher, an ex JPMorgan head of EMEA foreign exchange spot trading, and Rohan Ramchandani, Citigroup’s former European forex trading head, according to their lawyers, the agency and a court notice.
“The agency made its decision to drop the case on the advice of counsel after careful deliberation of the specific facts and circumstance involved,” said an OCC spokesman.
U.S. regulator drops case against two London forex traders
By Kirstin Ridley
Reuters
LONDON (Reuters) -A U.S. regulator has dropped a case against two former top London currency traders that alleged exchange-rate rigging, the agency said on Thursday, drawing a line under an eight-year pursuit by U.S. authorities.
The U.S. Office of Comptroller of the Currency (OCC) withdrew its case in federal court against Richard Usher, an ex JPMorgan head of EMEA foreign exchange spot trading, and Rohan Ramchandani, Citigroup s former European forex trading head, according to their lawyers, the agency and a court notice. The agency made its decision to drop the case on the advice of counsel after careful deliberation of the specific facts and circumstance involved, said an OCC spokesman.
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