Article
High Court Adjourns Landmark Securities Class Action Trial Due To Risk Of Prejudice To Overlapping Criminal Proceedings
The High Court has adjourned a landmark securities class action trial that was scheduled to begin in October 2026, marking what would have been the first such claim under the Financial Services and Markets Act 2000 to proceed to trial. The decision highlights the complex interplay between civil and criminal proceedings when substantial overlap exists, as the court weighed the risk of prejudicing ongoing criminal prosecution against the principle of open justice.
Herbert Smith Freehills Kramer LLP