A former Eastern District judge erred when he asserted supervisory powers over a deferred prosecution agreement between the U.S. Department of Justice and HSBC, the U.S. Court of Appeals for the Second Circuit said Wednesday.
The former judge, Debevoise & Plimpton partner John Gleeson, oversaw the case against the U.S. subsidiary of the British-based bank for allowing the flow of hundreds of millions of dollars of illegal money through accounts it held.
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