BusinessCompany NewsSports Direct FD lines up legal team for anti-competitive probe

Sports Direct FD lines up legal team for anti-competitive probe

Bob Mellors to receive separate legal team from chief exec and founder as SFO and OFT examine company’s behaviour

Sports Direct finance director Bob Mellors is to have a legal team assigned
to him, as the company faces a joint investigation into alleged anti-competitive
behaviour.

Mellors’s team will be separate from that of chief executive Dave Forsey and
founder Mike Ashley in order to avoid any conflict of interest, reported the
Telegraph.

The probe by the Serious Fraud Office and the Office of Fair Trading has hurt
the company’s share price. When the company admitted it had been visited by the
SFO and OFT in September last year, shares fell 17% and have not rallied with
the rest of the market in recent months.

Related Articles

FRC launches investigation into jailed Torex Retail directors

Company News FRC launches investigation into jailed Torex Retail directors

4y Rachael Singh, Writer
Olympus in court for allegedly misleading EY auditors

Audit Olympus in court for allegedly misleading EY auditors

4y Rachael Singh, Writer
SFO charges Olympus over accounting scandal

Company News SFO charges Olympus over accounting scandal

4y Richard Crump, Writer
Barclays SFO probe will target business, not individuals

Company News Barclays SFO probe will target business, not individuals

5y Richard Crump, Writer
Former Torex Retail chairman charged with false accounting

Company News Former Torex Retail chairman charged with false accounting

7y Kevin Reed, Writer
SFO charges another Torex accountant

Company News SFO charges another Torex accountant

7y Kevin Reed, Writer
Discipline board seeks new powers to aid investigations

Company News Discipline board seeks new powers to aid investigations

8y Mario Christodoulou, Writer
Video: The SFO and the financial crisis

Company News Video: The SFO and the financial crisis

8y rumo, Writer