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Ex-UBS Trader Acquitted Of Spoofing Scheme

A New Haven federal jury on Wednesday acquitted a former UBS trader accused of scheming to manipulate the precious metals futures market with “spoofing,” a trading tactic that involves the use of allegedly deceptive bids or offers to feign the appearance of supply or demand. Law360: (headline:(acquitted) OR summary:(acquitted))

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Menendez Corruption Case Nixed After DOJ Drops Retrial Bid

A New Jersey federal judge on Wednesday tossed the corruption case against U.S. Sen. Bob Menendez, D-N.J., and a Florida eye doctor after prosecutors opted to dismiss the remaining charges in the wake of a ruling acquitting the two men of charges that they exchanged political donations as bribes. Law360: (headline:(acquitted) OR summary:(acquitted))

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NJ Judge Trims Menendez Corruption Charges

A New Jersey federal judge on Wednesday acquitted U.S. Sen. Bob Menendez, D-N.J., of charges he received political donations as bribes from a Florida eye doctor while upholding charges that the senator accepted private jet rides and other gifts in exchange for his official actions. Law360: (headline:(acquitted) OR summary:(acquitted))

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