City watchdog to censure Carillion for ‘recklessly’ misleading investors

By Dave Rogers2020-11-13T16:20:00

FCA’s rebuke won’t include financial penalty for firm

The City watchdog has said it plans to censure Carillion after “recklessly” issuing misleading statements to markets and investors over the waning state of its finances in 2016 and 2017.

The firm collapsed into liquidation nearly three years ago sending shockwaves across the industry and the wider UK plc.

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