Bloomberg News reports that a Tokyo High Court official confirmed that the case was dropped after a hearing scheduled was cancelled.
The official asked not to be named in accordance with the court’s policy. Lawyers for Echigo didn’t return a call made to their office in Tokyo.
Echigo appealed his sentence in July, claiming that the Tokyo District Court erred in judging that his actions didn’t reflect institutional misconduct at Deutsche Bank’s Japanese brokerage unit.
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