The court found Andrew Crawford liable for breach of confidence and copyright infringement, and held Jack, Datalink and the Cheifots liable on related claims.
The Court found, on the balance of probabilities, that broker Bruce Clarke engaged in a scheme with KHI insiders to support and manipulate KHI share price (using the 540 account), that NBFL failed to properly supervise Clarke and is liable both vicariously and for negligence in respect of claimants harmed by Clarke’s conduct, that some claimants (Dunham, Weir, Blackwood, Barthe Estate) proved causation and recoverable losses while Wadden participated in manipulation and is not entitled to relief, that the regulatory settlement is admissible but the trial evidence establishes the wrongdoing, a…