BusinessPeople In BusinessFormer Langbar exec faces investigation

Former Langbar exec faces investigation

AIDB investigates former executive director

The Accountancy Investigation and Discipline Board is investigating the
conduct of Stuart Pearson, the former executive director of Langbar
International.

Pearson is a member of the Institute of Chartered Accountants in England and
Wales. The AIDB said the scope of the investigation would be Pearson’s conduct
in relation to the establishment, listing and affairs of Langbar.

He resigned from Langbar in February 2006.

Langbar is a diversified holding company – formerly named Crown Corporation
Ltd – listed on the Alternative Investment Market of the London Stock Exchange.

Trading in its shares was suspended, at the company’s request, on 12 October
2005

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