Deutsche Bank Settles Silver, Gold Price-Manipulation Suits
- Lawyers for traders say bank has signed binding agreements
- Bank is one of six sued over alleged fixing of precious metals
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Deutsche Bank AG has reached settlements in lawsuits over allegations it manipulated gold and silver prices, lawyers for traders of the commodities said in court filings.
Attorneys for futures contract traders in two private lawsuits said in letters filed Wednesday and Thursday in Manhattan federal court that the bank has executed term sheets and is negotiating final details for the accords.