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Evolution Group

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2004

    Room Service Group market-distortion case

    On 12 November 2004, the Financial Services Authority fined Evolution Beeson Gregory £500,000 for executing trades that distorted the market. The cited account states that Evolution sold short 252% of Room Service Group plc's share capital without a plan to settle the trades. Christopher Potts, the group's head of market making, was separately fined £75,000.

    Source