Press release on behalf of Mark Warminger on abandonment of appeals

31 July 2017

“The FMA and I have agreed to abandon the appeal and cross-appeal filed in the Court of Appeal, the proceedings are now at an end. Whilst I do not agree with the High Court’s decision that in two causes of action (out of ten brought by the FMA), I manipulated the market in certain shares, I must accept the irrevocable impact that the decision has had on any career that I might have continued or
pursued in the financial markets. In addition, I face a long recovery from a health issue that makes it sensible to put this matter behind me and allow me to focus on something other than continuing litigation. I will not be making any further comments.”
 
Marc Corlett QC
Counsel for Mark Warminger

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