• Home
  • About
  • Webcasts
  • ‘Enforcement 40’ for 2020
  • Enforcement Hall of Fame
  • Contact
Securities Docket
Securities-Docket-Leaderboard_9Sec
  • Class Actions
  • Criminal
  • Global
  • People
  • SD Insider
  • SEC
  • Video
  • Subscribe by email
  • Subscribe
Browse: Home / 2009 / January / 29 / UK: Former Cazenove Banker Ordered to Stand Trial on Insider Trading Charges

UK: Former Cazenove Banker Ordered to Stand Trial on Insider Trading Charges

By Securities Docket on January 29, 2009, 10:56 am

Malcolm Calvert, identified in the UK press as a “former high-flyer at Cazenove, the Queen’s bankers,” was today ordered to stand trial on insider trading charges.  The UK’s FSA alleges that Calvert misused confidential information about a string of proposed management buyouts, takeovers and mergers to acquire a total of 425,500 shares in companies including hP Bulmer, Macdonald hotels, Vernalis, Johnston Group, South Staffordshire and the RAC.

The Daily Mail reports that Calvert allegedly committed the offenses between April 2003 and March 2005, “well after his April 2000 departure as partner in the blue-blooded City investment bank.” Judge Geoffrey Rivlin QC reportedly told Calvert that his eight-day trial prosecuted by the FSA would begin on September 9.

Read the Daily Mail article

Blog Widget by LinkWithin

Posted in Global | Tagged Features, Insider Trading, UK

« Previous Next »

‘Enforcement 40’ for 2020

Securities-Docket_Medium-Rectangle_CaseStudyArrow

Our Sponsors

Securities-Docket_260x125_14Sec Ankura 260x125

Join Us On LinkedIn

Join the Securities Litigation and Enforcement Group on LinkedIn

Archives

Copyright © 2021 Securities Docket.

Powered by WordPress and Hybrid.