Can Crispin Odey convince a judge he’s a victim of regulatory crusade?
The gambit by the disgraced financier to rebuild his reputation will provide a crucial test of the UK Financial Conduct Authority’s powers.
Crispin Odey at Westminster Magistrates’ Court in 2021. Bloomberg
Martin Arnold
Festive cheer was in short supply at Crispin Odey’s Chelsea, London, home on Christmas Eve of 2021, when the financier fired off letters sacking his hedge fund’s executives and stopping them investigating sexual harassment allegations against him.
The abrupt move set off a chain of events that led to Odey being banned from working in Britain’s financial sector and fined £1.8 million ($3.4 million) by the regulator last year in a decision he is challenging in a court case that is due to start on Monday.
