Michiel Visser and Oluwole Modupe Fagbulu v The Financial Services Authority: FS/2010/0001 FS/2010/0006
Upper Tribunal Tax and Chancery decision of Judge Bishopp and Member Palmer and Member Carter on 9 August 2011.
Read the full decision in .
MARKET ABUSE — collapse of hedge fund — whether applicants attempted to manipulate market, breached investment restrictions and misled investors — yes — whether approvals properly withdrawn — yes — whether prohibition appropriate — yes — level of financial penalties to be imposed.
Published 1 December 2016