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Interactive Brokers claims no actual discovery dispute in Ponzi scam case
Shortly after Interactive Brokers faced accusations about trying to evade document production in a lawsuit about its alleged aiding and abetting a Ponzi scheme operated by Haena Park, the electronic trading major has responded to these claims. In a letter filed with the California Northern District Court on March 21, 2022, Interactive Brokers claims that there is no actual discovery dispute before the Court. Since the Parties began substantive discovery discussions less than four weeks ago, IBKR has retained a third-party vendor to restore years-old productions to the CFTC, and—despite certain technical ... (full story)