Monthly Archives: July 2019

At Last, Litvak Gives His Side at Fraud Trial — Via Expert

Former Jefferies LLC managing director Jesse Litvak, on trial for defrauding clients on the price of mortgage bonds, finally got to present the evidence that he believes will keep him out of prison — testimony from a hand-picked expert witness. Litvak’s lawyers ended their presentation to the jury Thursday in federal court in New Haven, Connecticut…. Read more »

FX Riggers Rode the “Essex Express’ Leading to Fine (Podcast)

David Bissinger, a partner at Bissinger, Oshman, Williams & Strasburger LLP, discusses the European Union fining five banks a total of $1.2 billion for colluding on foreign-exchange trading strategies with traders running two cartels in online chatrooms with colorful names like “Essex Express n’ the Jimmy,” “Three Way Banana Split” and “Semi Grumpy Old Men.”… Read more »