Jury on Operation Tabernula case retires to consider verdict
The jury on the Tabernula case, involving five former financial services professionals accused of insider trading, was retired to consider its verdict today.
Accountant Andrew Hind, former Panmure Gordon stockbroker Andrew Grant Harrison, private day trader Benjamin Anderson, former managing director at Deutsche Bank Martyn Dodgson and former Aria Capital director Iraj Parvizi have been charged with conspiracy to insider deal on various occasions between 2006 and 2010.
The Financial Conduct Authority (FCA), which brought the case to court, has accused Dodgson and Harrison of passing price-sensitive information gained from their jobs to the other three men.
The trial began in January after several years of delays, in part caused by some of the defendants losing their legal counsel because of government cuts to legal aid.
The case gained its nickname from Operation Tabernula, which is the code name given to the long-running investigation carried out by the FCA's predecessor, the Financial Services Authority, alongside the Serious Organised Crime Agency into insider trading.