USA v. Shapiro et al

  1. April 06, 2017

    Feds Say They've Given Ex-Nomura Traders All They Need

    Federal prosecutors accusing three former Nomura Securities International Inc. executives of lying to clients about bond prices to boost the traders' profits told a Connecticut federal court Thursday the government has given the trio everything they could need to build their defense for trial.

  2. March 31, 2017

    Nomura Trader Says 'Litvak' Should Be Taboo At Trial

    A former trader at Nomura Securities International Inc. accused of secretly padding mortgage bond prices asked a Connecticut federal judge to ban mention of Jesse Litvak, the first trader to face similar charges, at an upcoming trial.

  3. March 29, 2017

    Ex-Nomura Traders Want Tardy Evidence Nixed From Trial

    Three former traders at Nomura Securities International Inc. facing conspiracy and fraud charges asked a Connecticut federal judge Tuesday to block prosecutors from raising evidence at an upcoming trial that they still haven't turned over about the traders' pay, their legal responsibilities, their alleged rip-off of the U.S. Treasury and certain trades.

  4. January 27, 2017

    Ex-Jefferies Trader Beats All But 1 Charge In Fraud Retrial

    A Connecticut federal jury convicted former Jefferies & Co. trader Jesse Litvak on just one of 10 counts of securities fraud on Friday, largely rejecting the government's argument that Litvak broke the law by hiding his profit margins from buyers of distressed bonds after the financial crisis.

  5. October 20, 2016

    Fair Market Value Arguments Fail in Nomura Suit, Gov't Says

    The government Wednesday asked a Connecticut court to bar three ex-Nomura Securities traders accused of lying about the price of residential mortgage-backed securities from presenting evidence on the fair market value of the securities, saying it would be beside the point.

  6. August 16, 2016

    Ex-Nomura Trio Wants Jury To Hear About Industrywide Fibs

    A trio of former Nomura Securities traders accused of lying about the price of residential mortgage-backed securities told Connecticut U.S. District Judge Robert N. Chatigny on Monday that they should be able to introduce evidence of industrywide misrepresentations to persuade a jury that they did not intend to violate the law.

  7. August 08, 2016

    Nomura Traders, Gov't Feud Over 'Victim-Blaming' Evidence

    A trio of ex-traders from Nomura Securities accused of lying about the price of residential mortgage-backed securities trades are exchanging fire with prosecutors over evidence, with prosecutors arguing the court should ban the traders from blaming their victims, and the traders saying the government shouldn't disclose their compensation.

  8. July 26, 2016

    Nomura Traders Deny 'Victim Blaming' In RMBS Suit

    A trio of ex-traders from Nomura Securities accused of lying about the price of residential mortgage-backed securities trades urged a Connecticut federal court on Monday to reject the government's argument that questioning whether investors vetted the traders' statements amounts to "victim blaming."

  9. July 11, 2016

    Feds Say Nomura Traders' Good Acts Irrelevant In RMBS Suit

    The U.S. government on Friday asked a Connecticut federal court to prevent three of Nomura's former top traders from introducing evidence of instances they properly handled securities transactions, saying it will not negate criminal allegations that they lied to investors about the price of residential mortgage-backed securities trades.

  10. May 23, 2016

    Ex-Nomura Traders Say Gov't Can't Block SEC Suit Evidence

    Three former top Nomura Securities International Inc. traders asked a Connecticut federal judge to deny the government's bid to block evidence in its case accusing them of lying to investors about pricing residential mortgage-backed securities trades, calling the attempt "at best, disturbing."