A former Stanford Financial Group executive convicted for his role in Robert Allen Stanford’s $ 7 billion Ponzi scheme has told the U.S. Supreme Court that the government is downplaying a circuit split on whether convictions should be overturned on errors in jury instruction. Law360: acquitted
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Jury Convicts Ill. Developer Who Hid Company’s Failure
A major Chicago real estate developer is guilty of misleading the city and two banks about his company’s financial health in order to keep money flowing in and stave off foreclosure on some of his properties, a jury found Wednesday following a two-week trial in Illinois federal court. Law360: acquitted
Read More »Jury Acquits 5 Ex-Brokers In London Libor Rigging Trial
A London jury on Wednesday acquitted five former brokers of plotting with convicted former UBS and Citigroup trader Tom Hayes to manipulate Libor, the U.K.’s Serious Fraud Office said. Law360: acquitted
Read More »London Jury Acquits 6th Trader Of Libor Rigging
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
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