Keydata founder Stewart Ford has embarked on the first stage of his legal case against the FSA, accusing the regulator of breaching his right to legal privilege in building their case against him.
At the review's first hearing in London this morning, lawyers for Ford accused the FSA of wrongfully using legal priviledged documents obtained by Keydata adminsitrator PwC to build a case against the Keydata founder. Information contained in the documents and emails sent and received by Ford led to the regulator issuing him with a warning notice last October. Ford aims to use the two day judicial review to prove the FSA had no right to read the documents or use them as evidence against him. Lawyers for the Keydata founder argued the judicial review would be pointless if in the cou...
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