City Executives Guilty of Market Abuse

Daily PostAugust 22, 2005

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Summary


THE power of the City watchdog to tackle cases of market abuse was seen to have been sharpened yesterday by the landmark conviction of a company boss.

Carl Rigby, former chairman and chief executive of software company AIT, was found guilty at Southwark Crown Court in London of "recklessly" making a"misleading, false or deceptive" statement to the stock exchange.

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City Executives Guilty of Market Abuse

The company's former finance director Garet...

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