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FCA secures convictions in insider trading case linked to legitimate wall crossing

Southwark Crown Court. Opened in 1983, the building contains 15 courtrooms, making it the fourth largest court centre in the country, and is a designated serious fraud centre.
Southwark Crown Court is a designated serious fraud centre. Photo: Andrew Aitchison/In Pictures Ltd./Corbis via Getty Images

Jean Hurley

2 min read
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In addition to receiving suspended prison sentences, the brothers were ordered to pay back more than £280,000 ($375,000) in restitution.

Brothers Matthew and Nikolas West have been sentenced for insider dealing offences, in a clear reminder that misusing confidential information from a legitimate financial process can lead to severe penalties. The prosecution, led by the FCA, underscores the regulator’s commitment to tackling market abuse and preserving the integrity of the

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