Cases & Deals

Swiss bank employees avoid U.S. criminal tax charges

Client(s) Employees of large Swiss financial institution

Jones Day represented a pool of current and former employees of a large Swiss financial institution being investigated by the U.S. Department of Justice for allegedly aiding and abetting tax evasion by the bank's U.S. customers. Jones Day was successful in persuading the Department of Justice not to bring any criminal charges, or levy any other penalty or sanction, against any of the employees represented by the Firm.