Legal News

Pursuing prosecutions for LIBOR offences

Published on: 10 April 2017
Published by: LexisPSL
  • Pursuing prosecutions for LIBOR offences
  • Original news
  • What were the facts of the case and what arguments were advanced by the prosecution?
  • What did the court decide at the first trial?
  • Why did the SFO elect to prosecute and how was it deemed to be in the public interest to have a retrial?
  • What does the decision tell us about the SFO’s investigation and why the case was not successful?

Article summary

Corporate Crime analysis: Two individuals were acquitted on Thursday 6 April 2017 of conspiracy to manipulate the rates at which Barclays set its London interbank offered rate (LIBOR) submissions during the period 2005–07. James Fletcher and Karl Masi, junior counsel provides his thoughts on the case and the jury’s verdicts. or take a trial to read the full analysis.

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