Secondary Trial
The professionals accused in "Guinness Two" were Patrick, 3rd Lord Spens, a former director of Henry Ansbacher & Company, a bank, charged with four offences; Roger Seelig, former corporate finance director at Morgan Grenfell & Company, charged with 12 offences. Charges against David Mayhew of Cazenove, a takeover consultant, never made it to trial.
The case against Spens and Seelig collapsed in 1992 and charges against Mayhew were dropped after pre-trial challenges by his lawyers. Another defendant, Ward, returned to Britain to stand trial and was acquitted of any dishonesty. Though acquitted, the defendants had to pay lawyers' fees.
Read more about this topic: Guinness Share-trading Fraud
Famous quotes containing the words secondary and/or trial:
“A man may be defeated by his own secondary successes.”
—Woodrow Wilson (1856–1924)
“You don’t want a general houseworker, do you? Or a traveling companion, quiet, refined, speaks fluent French entirely in the present tense? Or an assistant billiard-maker? Or a private librarian? Or a lady car-washer? Because if you do, I should appreciate your giving me a trial at the job. Any minute now, I am going to become one of the Great Unemployed. I am about to leave literature flat on its face. I don’t want to review books any more. It cuts in too much on my reading.”
—Dorothy Parker (1893–1967)