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Hedge Fund Boss Crispin Odey Settles Sexual Assault Claims Before London Trial

Bloomberg Markets •
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Crispin Odey, founder of Odey Asset Management, has settled multiple personal injury claims from women alleging sexual assault, averting a London trial set for next month. The allegations, spanning decades, include incidents such as groping at his mansion during a shooting party months after his 2021 acquittal for sexual assault. Odey consistently denies all claims and is appealing a lifetime ban from UK finance imposed by the Financial Conduct Authority (FCA), which accused him of pursuing a non-financial misconduct agenda. An internal report revealed at least 46 incidents of inappropriate conduct over 17 years at his firm, ranging from assault to harassment. The scandal intensified after the Financial Times published allegations, leading Odey to drop a defamation claim against the publication last month. Claimants, represented by lawyer Claire Glasgow, emphasized seeking accountability for devastating impacts. The settlements are viewed as a victory for the women, highlighting their bravery in standing up for the truth. Odey's representatives did not immediately comment.

Key Points:

- Crispin Odey settled sexual assault claims from several women ahead of a scheduled London trial, avoiding further public scrutiny.

- Allegations cover decades of misconduct, with Odey denying them and facing a lifetime ban from UK finance amid FCA regulatory actions.

- Settlements follow internal reports of widespread inappropriate behavior at Odey Asset Management and media exposure by the Financial Times.

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