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Financier Crispin Odey Settles Sexual Assault Personal Injury Claims

Financial Times Companies •
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Financier Crispin Odey has settled four personal injury claims brought against him by women alleging sexual assault, just weeks before the cases were due to proceed to a joint trial. These civil claims were linked to a defamation case Odey had previously brought against the Financial Times over its reporting of sexual misconduct allegations, which he dropped in April. The settled claims included serious allegations spanning from the mid-1990s to 2021, involving rape, groping, sexual harassment, and non-consensual acts. Odey has consistently and strenuously denied all allegations, characterizing some as false and others as consensual. Lawyers for the claimants stated the settlement "speaks volumes" regarding the truth of their claims. The settlements were reportedly secured via Part 36 offers, a mechanism encouraging out-of-court resolutions. Despite settling these civil matters, Odey remains involved in a separate legal challenge against a financial regulator's ban and fine, with a decision expected later this year.

Key Points:

- Crispin Odey settled four personal injury claims related to sexual assault allegations ahead of a scheduled joint trial.

- Odey had previously dropped a related libel suit against the Financial Times after it published accounts from 20 women alleging misconduct.

- The financier continues to deny the allegations involved in the settled claims but is still fighting a separate regulatory ban and fine.

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