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US: Lead Forex, LIBOR lawyer leaves DOJ for private practice

By  |  January 12, 2015

A lead prosecutor for the government in investigations of alleged foreign exchange and LIBOR benchmark manipulation has left the US Department of Justice for private practice.

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    Elizabeth Prewitt will join Hughes Hubbard & Reed, reports said Monday. She currently serves as an assistant chief of the DOJ’s antitrust division, but will join Hughes Hubbard in its New York office as a partner.

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    In an interview, Prewitt said her 16 years at the DOJ gave her “a fantastic range of opportunities,” but that she is “ready to start a new chapter.”

    The lawyer’s experience includes leading the government’s investigation into forex and LIBOR benchmark manipulation claims, a case that lead to settlements with banks including Royal Bank of Scotland and Barclays.

    Full Content: Bloomberg

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