The FSA has successfully taken legal action against an offshore firm, with a service address...
The FSA has successfully taken legal action against an offshore firm, with a service address in London, that targeted UK investors. The High Court in London declared Barcelona-based Fraser Lindhardt & Webb, trading as "Trident Market Advisers" (Trident), carried out unauthorised investment business in the UK, made misleading and false statements and issued investment advertisements without the required approval. The court made a permanent order requiring Trident to cease these activities. It also ordered investigations to be made with a view to Trident reimbursing its customers. ...
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