Michiel Visser and Oluwole Modupe Fagbulu v The Financial Services Authority: FS/2010/0001 FS/2010/0006

Upper Tribunal Tax and Chancery decision of Judge Bishopp and Member Palmer and Member Carter on 9 August 2011.

Read the full decision in .

MARKET ABUSE 鈥� collapse of hedge fund 鈥� whether applicants attempted to manipulate market, breached investment restrictions and misled investors 鈥� yes 鈥� whether approvals properly withdrawn 鈥� yes 鈥� whether prohibition appropriate 鈥� yes 鈥� level of financial penalties to be imposed.

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Published 1 December 2016