Justice Department tries to stall discovery in silver price-fixing case
gata.org / By Kelcee Griffis via Law360.com, New York / February 1, 2017
https://www.law360.com/articles/887079/silver-investors-slam-doj-discove…
NEW YORK — Silver investors accusing major banks of price-fixing urged a New York federal court in a document posted Tuesday to forgo the U.S. Department of Justice’s proposed one-year discovery stay, asking the court to strike a compromise to “better balance the governmental and private interests at stake.”
In a heavily redacted document dated Jan. 19 but posted Tuesday, the investors asked to keep open the broader discovery in their consolidated proposed class action against banks including HSBC and The Bank of Nova Scotia, saying the Justice Department’s timeline to accommodate its criminal investigation would severely hamper the present multidistrict litigation.
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The post Justice Department tries to stall discovery in silver price-fixing case appeared first on Silver For The People.
Source: http://silveristhenew.com/2017/02/02/justice-department-tries-to-stall-discovery-in-silver-price-fixing-case/
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