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West brothers sentenced for insider trading and forced to pay £280,000 01/09/2025

News Financial services Sanctions & Fines
Date: 1st Sep, 2025 Source: Financial Conduct Authority Country: United Kingdom Original Source

Brief

"On September 1, 2025, the Financial Conduct Authority issued an update regarding West brothers sentenced for insider trading and forced to pay £280,000. Matthew and Nikolas West were found guilty of coordinating trades after receiving confidential information, resulting in a profit of nearly £43,000, with the court ordering them to pay back the full value of shares traded, not just their profits."

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Financial Conduct Authority

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