We are extremely disappointed by the court’s decision, but remain hopeful that our client will ultimately prevail, Phillips’ lawyers said in a statement.
Big legal blow for SA-born rand manipulator news24.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news24.com Daily Mail and Mail on Sunday newspapers.
The arrest of Glen Point Capital co-founder Neil Phillips for alleged foreign-exchange market manipulation threatened to ripple across the hedge fund industry as another firm suspended staffers who previously worked with him.
The arrest of Glen Point Capital co-founder Neil Phillips for alleged foreign-exchange market manipulation threatened to ripple throughout the hedge fund