In The News

Biggest Developments of 2019 in Antitrust Cases

Law360

20 Dec 2019
Reprinted with permission.

Lisa Phelan was featured in Law360’s look at the biggest developments in antitrust litigation during 2019.

According to Lisa, the conviction of Akshay Aiyer for conspiring with other forex traders to not trade against one another was a big win for the DOJ after several earlier losses. She said that any criminal convictions will help bolster the DOJ in its negotiations next year as enforcers try to encourage people to take plea deals in other investigations.

“They were at risk of really losing credibility,” Lisa said, noting there was a question about whether the division had become a “tiger without any teeth.”

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