One Nomura trader convicted, one cleared at bond fraud trial

 · U.S. seeks to end criminal fraud case against bond trader Litvak.. Litvak was convicted on a single fraud count at a January 2017 retrial.. and former Nomura trader Ross Shapiro was.

A former Nomura Holdings Inc. trader was found guilty of conspiring to lie to clients about mortgage-bond prices, while another was cleared of all charges, with jurors possibly still deliberating.

. as to Mr. Shapiro and one each for securities and wire fraud as to Mr. gramins. post trial motions are in briefing. The SEC’s parallel case is pending. Prior to the verdict in Shapiro, the SEC.

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Alston & Bird client Tyler Peters, a former bond trader at Nomura Securities International, Inc., was acquitted on all charges following a six-week jury trial in U.S. District Court in Hartford, CT. Peters was indicted in September 2015, along with two other Nomura bond traders, on nine counts of conspiracy, securities fraud, and wire fraud.

 · The jury convicted Litvak on all counts, including ten counts of securities fraud, one count of defrauding . . . That fact is of little solace to former mortgage bond trader Jesse Litvak right now.

Get Hard (Unrated) Ex-Nomura trader must defend bond-case dismissal in higher. –  · Ex-Nomura trader must defend bond-case dismissal in higher U.S. court. and cleared of six fraud counts; jurors deadlocked on two other charges.. who said testimony by a representative of one.

FORMER NOMURA RMBS TRADER CONVICTED OF fraud conspiracy. 2017, Gramins and two other former New York-based bond traders for Nomura, Ross. not reach a verdict as to one count of securities fraud and one count of wire fraud.

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NEW YORK (Reuters) – One. loud and clear: If you trade on inside information, you will be caught; if convicted, you will be sentenced to prison,” Holwell said. Rajaratnam also may be wary given the.

(Bloomberg) — A former Nomura Holdings Inc. trader was found guilty of conspiring to lie to clients about mortgage-bond prices, while another was cleared of all charges in a verdict that highlights the challenge of policing fraud in the market. Michael Gramins was convicted of conspiracy and.