The Financial Services Authority (FSA) has been told by a judge that it must destroy privileged attorney-client emails it obtained as part of its investigation into Keydata.
Keydata founder Stewart Ford won a ruling in October that the FSA should not have used the emails, from Keydata's and Ford's former legal advisers Irwin Mitchell, and Judge Ian Burnett today said they must be deleted or destroyed. However, the judge refused requests by Ford's lawyers to have the FSA's 2010 warning notice thrown out, while investigators who have seen the protected emails will be allowed to remain involved in the investigation. Despite pleas from Ford's lawyers, Judge Burnett said the warning notice did not need to be quashed as the emails only formed a "very modest par...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
