Representing individuals subject to regulatory and criminal investigations relating to allegations of manipulation of the foreign exchange market, specifically the foreign exchange spot and derivative markets.
LIBOR – market manipulation
Acting for individuals accused of manipulating LIBOR, involving coordinating advice from a number of jurisdictions including the US, Germany and Switzerland.
Acting for an individual in the course of defending allegations of market abuse. Richard has presented on this topic to both clients and members of the profession.
Advising both former and current directors of financial institutions seeking redress as a consequence of regulatory investigations and corporate takeovers. Matters often include advising on the tort of misfeasance in public office.
More: Regulatory litigation
Corporate crime and directors' criminal liability
Tesco – alleged false accounting
Advising a senior Tesco executive following allegations of manipulation of company accounts to make a misleading profit statement. Advised on SFO procedure and attended a compelled interview with the client.
Assisting with the representation a LIBOR submitter in investigations by the US Department of Justice and prosecution by the SFO in relation to allegations that submissions were dishonest.
LIBOR fraud allegations
Advising an alleged co-conspirator of Tom Hayes in connection with allegations of a conspiracy to defraud during the individual's time as a broker.
More: Corporate crime and directors' criminal liability