The lawsuit brought by derivatives trader Matthew Connolly against his former employer Deutsche Bank continues at the New York Southern District Court.
The trader seeks heavy compensation from his ex-employer over what he calls “the destruction of his life”.
In this action, Connolly asserts a claim against his former employer Deutsche Bank for malicious prosecution of a criminal case brought against him for alleged manipulation of Deutsche Bank’s LIBOR submissions.
Connolly alleges that Deutsche Bank steered the prosecution toward him by providing the government with false and misleading information (and omissions) both during the investigation—which the government effectively outsourced…
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