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In the wake of Deutsche Bank (NYSE:DB) admitting to silver and gold manipulation, a new $1 billion class action lawsuit has been proposed in Canada regarding the same practice. The suit is aimed at a number of large financial institutions, including the Bank of Nova Scotia (TSX:BNS). As quoted in the press release: At this point, …
In the wake of Deutsche Bank (NYSE:DB) admitting to silver and gold manipulation, a new $1 billion class action lawsuit has been proposed in Canada regarding the same practice. The suit is aimed at a number of large financial institutions, including the Bank of Nova Scotia (TSX:BNS).
As quoted in the press release:
At this point, neither Canadian lawsuit, each of which is seeking up to $1 billion in damages or compensation on behalf of investors, has been certified to move forward.
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| Commodities | |||
|---|---|---|---|
| Gold | 2390.86 | +0.85 | |
| Silver | 28.67 | +0.01 | |
| Copper | 4.52 | +0.05 | |
| Oil | 83.24 | +0.51 | |
| Heating Oil | 2.55 | +0.01 | |
| Natural Gas | 1.76 | 0.00 | |
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