Law360: (headline:(acquitted) OR summary:(acquitted))

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))

The nation’s securities watchdog asked a New York federal judge on Tuesday not to dismiss its civil fraud claims against a former Nomura trader acquitted earlier this year on related criminal charges of exploiting counterparty opacity to inflate Nomura’s take. Law360: (headline:(acquitted) OR summary:(acquitted))

A trader at Nomura Securities International Inc. who was acquitted earlier this year of defrauding bond buyers has asked a judge to dismiss the U.S. Securities and Exchange Commission’s parallel suit against him, saying the regulator’s allegations are too vague to move forward. Law360: (headline:(acquitted) OR summary:(acquitted))

Former Jefferies & Co. trader Jesse Litvak urged a Connecticut federal judge on Friday to acquit him on the one count of securities fraud for which he was convicted by a jury last month, arguing the government’s win was rooted to a “flimsy reed” of evidence. Law360: (headline:(acquitted) OR summary:(acquitted))

A London jury on Thursday acquitted the sixth defendant accused by U.K. authorities of rigging a key benchmark interest rate, dealing a final blow to prosecutors who saw the other five defendants acquitted just a day earlier, according to media reports. Law360: acquitted