Feds Resist Judge's Call To Retrace Paul Weiss Libor Probe

Law360 (February 5, 2019, 9:04 PM EST) -- Federal prosecutors declined Monday to distinguish their investigation into Libor-rigging at Deutsche Bank from Paul Weiss Rifkind Wharton & Garrison LLP's internal one, calling the question irrelevant to a convicted former trader's claim he was forced to talk or be fired.

After Gavin Black was convicted in October on charges related to Libor-rigging, he asked for an acquittal over an alleged violation of his Fifth Amendment rights. Black claimed the bank had hired Paul Weiss for an internal probe into Libor-rigging in 2010 at the U.S. Commodity Futures Exchange Commission's behest, and that he was forced to sit for interviews with Paul...

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