DoJ seeks stay on benchmark case discovery
Antitrust division tells court the request is to protect the integrity of ongoing cases
The US Department of Justice is seeking another three-month extension on a limited discovery stay in the foreign exchange benchmark rates antitrust case against several large banks. It last sought a temporary halt in June.
The recent request comes as the DoJ gears up for several criminal proceedings against individual currency traders that are set to begin in early October. If a federal judge approves the extension, civil attorneys pursuing the benchmark rates case will not be able to depose
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