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Business Crimes Hotline

Banks are the target of prosecution, both in Connecticut and in Washington, DC. A look at two separate cases.

4 minute read July 01, 2015 at 12:06 PM
By
ljnstaff and Law Journal Newsletters
Business Crimes Hotline

CONNECTICUT

Four Banks Agree to Plead Guilty to Currency Manipulation Conspiracy

Four major banks have agreed to pay more than $2.3 billion in criminal fines for their roles in a currency-manipulation scheme, the Department of Justice (DOJ) announced on May 20.

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The Copyright Royalty Board (CRB), which works under the umbrella of the Librarian of Congress, sets statutory-license royalty terms and rates. The U.S. Courts of Appeals for the D.C. Circuit recently issued two notable decisions about the CRB.

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