Stefan Chaligne, Patrick Sejean and Cheickh Diallo v The Financial Services Authority

Upper Tribunal Tax and Chancery decision of Judge Bishopp, Member O’Neill and Member Chapman on 28 September 2012.

Read the full decision in Stefan Chaligne, Patrick Sejean and Cheickh Tidiane Diallo v The Financial Services Authority: FS/2011/0001 FS/2011/0002 FS/2011/0005.

MARKET ABUSE — share price manipulation — admitted in December 2007 but in part denied in January 2008 — whether established — yes — whether prohibition necessary — yes — measure of monetary penalty.

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