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Complainant Name:
Mr Stuart Pearson

Clauses Noted: 1

Publication: Financial Times

Complaint:

Mr Stuart Pearson complained to the Press Complaints Commission that the newspaper had incorrectly stated, in a headline, that he had been jailed for fraud.

Resolution:

The complaint was resolved when the PCC negotiated the alteration of the online article and the publication both on its website and in print of the following clarification:

Stuart Pearson was jailed for making misleading statements to the market and investors at Langbar International, not 'for fraud' to which reference was made in the headline of a report (FT, 20 June 2011). We regret any wrong impression caused. At a later hearing, the judge said he was sentencing Mr Pearson on the basis of recklessness and noted that he had been acquitted of dishonesty offences.

Date Published: 21/12/2011



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