RBS, BP, JPMorgan, Cantor Fitzgerald, J&J in Court News
(Adds Megaupload in New Suits section and Chevron in Trials. Updates ‘Occupy’ in Lawsuits.)
Jan. 20 (Bloomberg) -- Royal Bank of Scotland Group Plc said it did nothing wrong when it fired a former Singapore trader because he sought to manipulate London interbank offered rates to boost his own profits.
Tan Chi Min, the former trader, sued the bank over his dismissal and is seeking to recoup $1.5 million in bonuses and 3.3 million RBS shares that he claims he’s owed.
Tan deserved to be fired because he was guilty of “gross misconduct,” RBS, Britain’s biggest government-owned lender, said in court papers filed in Singapore High Court on Jan. 18. He tried to improperly influence RBS’s rate setters from 2007 to 2011 and persuade them to submit Libor rates at particular levels to his benefit, RBS said.
RBS is cooperating with investigations by the U.S. Commodity Futures Trading Commission, U.S. Justice Department and European Commission into whether Libor had been manipulated. Since as early as 2007, investors have accused several banks on the Libor panel of distorting market prices by hiding true borrowing costs, leading to a series of lawsuits filed in 2011 that are making their way through courts in Europe and the U.S.
Tan said in his complaint dated Dec. 27 that he was in no position to influence the rate on his own. The former head of delta trading for RBS’s global banking and markets division in Singapore said the bank failed to detail the allegations against him and didn’t specify how he had improperly influenced the setting of Libor.
Suresh Nair, Tan’s lawyer, declined to comment on RBS’s filing.
The case is Tan Chi Min v. The Royal Bank of Scotland Plc S939/2011 in the Singapore High Court.
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Uk Reverse Phone Lookup - News
'Startling' E-Mails Trigger New UK Computer Search News Corp.'s UK newspaper unit must search nine more computers for evidence ex-employees sought to cover up a scheme to hack into celebrities' phones, a UK judge ruled after seeing secret e-mails he
Mr Mohan said he had never used private detectives as editor of The Sun but that he had used bona fide search agents to source legally available information. He also promoted the paper's charity work, which has seen £120m raised for Help the Heroes,
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Online Resources Concerning Reverse Cell Phone Lookup ...
Have you ever wondered who called you on your cell phone? The mobile era has made unknown numbers pretty common. Annoying as it can be, but yes it is something that we may have to put up with for having a chic mobile phone device. However, these days you do have the choice to shut out nameless callers from your phone registry – forever. You can pat your back, give yourself a little favor and get yourself a Reverse Phone Number Search access. That is just it – and you can be free of nuisances from pranksters. But the thing is anonymous numbers may also be from someone you know in the past. That is how a good reverse phone lookup becomes handy. It will help you assess the type of unidentified calls you are getting.
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Search Engine Results Page New Online Details About Reverse Phone Lookup 
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Search Engine Results Page New Online Details About Reverse Phone Lookup 
Reverse Lookup Directory: If you need a name and address from a phone number this is the search for you