Sarah Clarke QC prosecutes confiscation hearing in Schroders Fund Manager Insider Dealing case.
28th July 2017
Sarah Clarke QC, co-head of our Business and Specialist Crime Team, prosecuted this hearing against Damian Clarke, who was sentenced in June 2016 to two years’ imprisonment having pleaded guilty to nine counts of insider dealing.
In total, Damian Clarke derived a benefit of £719,658.69 from his criminal conduct which included the nine indicted stocks and seven further stocks. It was agreed that the value of Mr Clarke’s interest in various assets amounted to £350,000 and therefore, a confiscation order was made in that sum.
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