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Deutsche Bank to pay $60 million to settle U.S. gold price-fixing case

3 de Dezembro de 2016, 17:19 , por O LADO ESCURO DA LUA - | No one following this article yet.
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From Reuters, by Jonathan Stempel

A logo is pictured on the Deutsche Bank building in Geneva, Switzerland, October 11, 2016. REUTERS/Denis Balibouse/File Photo

NEW YORK – Deutsche Bank AG has agreed to pay $60 million to settle private U.S. antitrust litigation by traders and other investors who accused the German bank of conspiring to manipulate gold prices at their expense.

The preliminary settlement was filed on Friday with the U.S. District Court in Manhattan, and requires a judge’s approval.

Deutsche Bank denied wrongdoing. The bank in October agreed to pay $38 million to settle similar litigation over alleged silver price manipulation.

Amanda Williams, a spokeswoman for the bank, declined to comment. Lawyers for the plaintiffs did not immediately respond to requests for comment.

The case is one of many in the Manhattan court in which investors accused banks of conspiring to rig rates and prices in financial and commodities…

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Fonte: https://anisionogueira.wordpress.com/2016/12/03/deutsche-bank-to-pay-60-million-to-settle-u-s-gold-price-fixing-case/

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