News Business Crime & Financial Services 9th May 2016

Orlando Pownall QC and David Whittaker client acquitted of insider dealing

Iraj Parvizi, a well known London trader was acquitted of insider dealing at Southwark Crown Court after a trial lasting three months.

It was alleged that Mr Parvizi had conspired with an employee of Deutsche bank who provided price sensitive information through an intermediary. The prosecution was brought by the FCA after an investigation lasting some 5 years.

Orlando Pownall QC and David Whittaker were instructed by Peter Hughman and Katie Kipps of Hughmans Solicitors.

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