Deutsche Bank’s records on silver rigging ‘a smoking gun’, plaintiffs say
New York/Los Angeles — Eight months after Deutsche Bank settled a lawsuit claiming it manipulated gold and silver prices, documents it disclosed as part of the accord provide "smoking gun" proof that UBS, HSBC, Bank of Nova Scotia and others rigged the silver market, plaintiffs claim. The allegation came in a filing on Wednesday, in a Manhattan federal court lawsuit filed in 2014 by individuals and entities that bought or sold futures contracts. New complaint The plaintiffs are seeking permission to file a new complaint with the additional allegations. Their proposed complaint broadens the case beyond the four banks initially sued to include claims against units of Barclays, BNP Paribas Fortis, Standard Chartered and Bank of America.
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