Cleary Notes Off-Limits In Ex-Citi Trader's Forex Probe Suit
By Rachel Scharf (June 15, 2022, 1:38 PM EDT) -- A former Citigroup Inc. trader can't access Cleary Gottlieb Steen & Hamilton LLP's reports of U.S. Department of Justice meetings in his lawsuit alleging the bank framed him to save itself during a foreign exchange-rigging probe, a Manhattan federal judge said Wednesday.
U.S. Magistrate Judge Stewart D. Aaron denied a motion from Rohan Ramchandani, the former London-based head of Citi's European forex spot-market trading desk, to compel attorney emails and memoranda detailing a series of 2014 and 2015 government meetings at the heart of his $112 million malicious prosecution suit.
Ramchandani says lawyers from Cleary, which represented Citi in the government's...
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