Shortly after the Department of Justice (DOJ) was scolded by the Court for its attempt to intervene in a lawsuit brought by Matthew Connolly against his former employer Deutsche Bank, the bank had to respond to the allegations made by the former trader.
On April 3, 2023, Deutsche Bank filed a motion to dismiss Connolly’s complaint in the New York Southern District Court.
The trader alleges that he was the victim of a deliberate effort by his former employer, Deutsche Bank, to steer a Department of Justice (DOJ) investigation towards him and other lower-level employees and away from the senior executive decision makers. Connolly claims that Deutsche Bank did this to appear to cooperate with the DOJ while driving the investigation to a favorable result…
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