Media Co. Tries To Rope Execs Into £18M Forex Bribery Suit
Law360, London (November 12, 2020, 8:57 PM GMT) -- Film distributor Entertainment One urged a London judge Thursday to let it expand its £18 million ($23.6 million) case accusing Monex of bribing its employees to secure foreign exchange trading business to claim the company's top executives knew of the wrongdoing.
During High Court proceedings before Master Paul Teverson, counsel for Entertainment One Ltd. said recently disclosed telephone conversation recordings show the foreign exchange firm knew commissions were being paid to two of the Canadian studio's finance staffers to induce them to place trades on behalf of Entertainment One companies.
Proposed amendments to the allegations made by Entertainment One — which...
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