Deutsche Bank Whistleblower Must Pay Experts $2.75M
Law360, New York (September 2, 2020, 5:39 PM EDT) -- A New York state judge ordered a Deutsche Bank whistleblower to give two consultants $2.75 million for their work on the $8.25 million U.S. Securities and Exchange Commission award he spurned, ruling Wednesday that the man's divorce is no excuse for him not to pay his debts.
During a half-hour Skype hearing, New York State Supreme Court Justice Barry Ostrager signaled early skepticism for finance executive Eric Ben-Artzi's argument that he was under duress when he signed a deal with experts Colin Kilgour and Daniel Williams to support his whistleblower claim.
The judge then granted summary judgment to Ben-Artzi's consultants, agreeing that...
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