Bloomberg Law Brief: Jefferies Trader Will be Retried (Audio)




Bloomberg Law show

Summary: (Bloomberg) -- James Cox, a Law Professor at Duke Law School, and David Bissinger, a Partner at Siegmyer, Oshman and Bissinger LLP, discuss how a former Jefferies and Company trader was found guilty in March 2014 for lying to buyers about how much he paid for bonds he was selling. Litvak will be retried and get another chance to argue that bond traders are basically used-car salesmen. Cox and Bissinger spoke with June Grasso on Bloomberg Radio’s “Bloomberg Law.”