George Soros, the billionaire investor, has failed in his latest effort to have a 2002 conviction for insider trading in Societe Generale shares thrown out.Read the rest here.
The European Court of Human Rights has ruled against Mr Soros in the latest blow to the investor in his nine-year battle to have the conviction overturned.
Mr Soros was found guilty of trading on insider information in the French bank but argued that trading regulations were ambiguous.
In a statement released following the unsuccessful appeal, the Court said that while the law was not precisely worded, investors had a duty to be prudent.
Flowery Sunday cometh!
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