Deutsche Bank's 'smoking gun' evidence to expand U.S. silver rigging case

REUTERS

Lawyers for investors accusing several major banks of conspiring to rig silver prices are seeking to add five new defendants to the case, based what they call "smoking gun" evidence they obtained from Deutsche Bank AG following a settlement.

In papers filed in Manhattan federal court on Wednesday, the lawyers sought to revive previously-dismissed claims against UBS AG (UBSG.S) and add Barclays Plc (BARC.L), BNP Paribas SA (BNPP.PA), Standard Chartered Plc (STAN.L) and Bank of America Corp (BAC.N) as defendants.

The newly cited evidence was produced by Deutsche Bank after it reached a $38 million settlement in the case earlier this year.

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