By Bryan Koenig (September 7, 2022, 5:55 PM EDT) — When Credit score Suisse goes to trial subsequent month on class motion claims of manipulating overseas alternate markets, it should achieve this battling “highly effective proof” of prosecutions of, and responsible pleas by, different banks and particular person merchants after a New York federal choose refused to exclude these particulars.
U.S. District Decide Lorna G. Schofield rejected key requests to exclude sure proof from the Oct. 11 trial, together with particulars “that sure different banks, and sure of these banks’ FX merchants, had been criminally prosecuted, pleaded responsible, or had been convicted.”
Whereas Decide Schofield agreed, in a choice first issued on Friday and tweaked barely on…
