London forex traders found not guilty in U.S. rigging case
London forex traders found not guilty in U.S. rigging case
Three former London-based currency traders were found not guilty on Friday of U.S. charges that they schemed to rig benchmark exchange rates, the latest criminal convictions to emerge from a U.S. probe into the multitrillion-dollar foreign exchange market.
Chris Ashton, Rohan Ramchandani and Richard Usher, who worked at Barclays Plc , Citigroup Inc and JPMorgan Chase & Co , respectively, were acquitted of all charges by a jury in Manhattan federal court after a trial of conspiring to violate the Sherman Act, a federal antitrust law.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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