A whistleblower is urging the US Supreme Court to reinstate its lawsuit accusing Standard Chartered Bank of violating US sanctions against Iran.

Brutus Trading LLC says Standard Chartered violated the False Claims Act by misleading the US government before entering into a deferred prosecution agreement. The bank’s concealed violations of the Iran sanctions regime deprived the government of funds, Brutus contends.

The government’s decision to seek dismissal of Brutus’ suit—which the government believed was meritless— satisfied the FCA, which requires prosecutors to give a whistleblower notice of a motion to dismiss and an opportunity for a hearing on the motion, ...

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