Legal & General v FSA

Ben spent most of 2005 acting for Legal & General in its successful 6-week appeal to the Financial Services and Markets Tribunal against the £1.1m fine imposed by the FSA for mortgage endowment mis-selling. This case was the first ever reference to the Tribunal by a major city institution. The Tribunal’s severe criticisms of the FSA’s investigation and conduct have led the FSA to make fundamental changes to its processes and procedures.