Former Worthington CEO ignored FCA ban against top manager, UK court hears
By Sofia Gerace ( February 27, 2025, 16:28 GMT | Insight) -- Former Worthington Group Chief Executive Douglas Ware knew that a top manager working with him repeatedly breached the watchdog's ban against him to act as company director, the Financial Conduct Authority's prosecution told a UK jury. Ware and three others — Allan Biggar, Wulstan Earley and Richard Spurway — have been facing criminal proceedings at Southwark Crown Court in London after accusations of hiding the company's insolvent status, inflating the company's share prices and money laundering.Former Worthington Group Chief Executive Douglas Ware knew that a top manager working with him repeatedly breached the watchdog's ban against him to act as company director, the Financial Conduct Authority's prosecution told a UK jury....
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