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United States: Recasting a Boilerplate Provision - Global Compliance News

United States: Recasting a Boilerplate Provision - Global Compliance News
globalcompliancenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globalcompliancenews.com Daily Mail and Mail on Sunday newspapers.

Deutsche Bank Can t Nix Class Action Over Traders Spoofing

An Illinois federal judge ruled that Deutsche Bank can't yet ax a proposed class action seeking to hold it responsible for two former traders' alleged 2013 illegal spoofing schemes, finding that further information is needed to determine if trading firm Rock Capital Market and others behind the lawsuit have established standing.

$7M Deal To End Energy Bait-And-Switch Suits Gets Initial OK

An Illinois federal judge on Wednesday gave her initial signoff to a proposed $7 million settlement to end six lawsuits challenging a bait-and-switch scheme an electricity supplier allegedly pulled on customers, but warned she has "serious concerns" about the deal's value.

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