Lazard LTD. Lazard, LTD. (LAZ) Social Stream
Featured Post From StockTwits About LAZ
Deutsche Bank Trader Prosecuted By DoJ Was A London Gold And Silver FixerUnitedTraders, published September 24, 2020
‘Beginning in at least May 2008 and continuing through at least July 2013 (the “Relevant Period”), Defendants James Vorley (“Vorley”) and Cedric Chanu (“Chanu”) engaged in a manipulative and deceptive scheme (the “Scheme”) while placing orders and trading in the precious metals futures markets on a registered entity.’
“Vorley and Chanu repeatedly engaged in manipulative or deceptive acts and practices by spoofing (bidding or offering with the intent to cancel the bid or offer before execution).
On numerous occasions, Vorley and/or Chanu placed orders for COMEX gold, silver, platinum or palladium futures contracts that they wanted to get filled (Genuine Order) and entered orders for the same contract on the opposite side of the market that they intended to cancel before execution (Spoof Order).”
$DB $LAZ $BLK $BAC $JPM