Marketing Cos. Can't Withdraw Admissions In FCA Share Suit

Law360, London (January 25, 2019, 9:53 PM GMT) -- A London judge has said that two finance marketing firms and their directors can't take back admissions made in a Financial Conduct Authority case accusing them of making false claims during the sale of shares to rejuvenate the brand behind one of Britain’s biggest music store chains. 

In a four-page order on Jan. 22, Chief Master Matthew Marsh denied the joint request to withdraw unspecified admissions Miller & Osbourne Ltd., Venor Associates Ltd. and directors Clive Harris Mongelard and Tyrone Miller made in the case. 

Instead, the chief master ordered the firms, Mongelard and Miller to pay a combined £340,000 ($447,800) in interim...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Related Sections

Government Agencies