Loading ...Scotiabank pushed to reveal internal emails in gold fixing case
Canada’s Bank of Nova Scotia, one of the five banks said to have manipulated the gold market, which is worth trillions of dollars in trading value per year, will have to turn over internal emails and other correspondence spanning several years.
Daniel Brockett, the New York lawyer who is spearheading the US lawsuit, told Financial Post that the banks will also have to produce all relevant chat room instant messages and any other written communication they exchanged, whatever the media.
The move comes as a US judge said last week that gold investors could go ahead with their lawsuit accusing four major banks of conspiring for a decade to fix prices and exploit distortions at the expense of investors in global markets for the precious metal.
cont. http://www.mining.com/scotiabank-pushed-to-reveal-internal-emails-in-gold-fixing-case/