Ex-Nomura Traders Charged With Fraud Face November Trial

Updated on
  • Jury selection set for Nov. 10 on charges of bilking investors
  • U.S. Justice Department said to be working on 10 such cases

Three former Nomura Holdings Inc. traders are set to go to trial in November on charges that they defrauded investors by inflating the prices of mortgage-backed securities in the wake of the U.S. financial crisis, even as prosecutors wait to find out if a similar case will be thrown out on appeal.

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