Analysis

SFO Pursuit Of Barclays Execs 'Lies In Tatters' After Acquittals

Law360, London (February 28, 2020, 8:12 PM GMT) -- A London jury handed the Serious Fraud Office a major defeat Friday when it acquitted three former Barclays executives after just hours of deliberations, raising serious questions about the watchdog's decision to pursue the financial crisis-era case through two trials and a series of court setbacks.

The jury took about six hours to find the trio not guilty of fraud charges linked to the bank's financial crisis-era fundraising, one of the most high-profile prosecutions ever brought by the anti-fraud agency.

The verdict in favor of Roger Jenkins, Tom Kalaris and Richard Boath over allegations they fraudulently funneled millions of pounds to...

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