Lindsay Thomas, who had previously held the position of Director of Authorisation at the FSA, was successful in a complaint of libel against the FT Adviser. The allegations were published on 9 February 2006 but quickly withdrawn by the publisher, with a front page unreserved apology then being published on 1 March. The FT Adviser also paid damages to Ms Thomas.
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Ms Thomas was represented by Alasdair Pepper