Hedge fund manager Crispin Odey seeks £79m in damages from FT in libel case Financier has sued paper over articles containing allegations that he had sexually assaulted or harassed women.
In documents related to the libel battle filed at the high court, seen by the PA news agency, Odey’s lawyers claimed he had suffered a “very significant financial loss” as a result of the articles, but that he “will limit his claim to the sum of £79m”.
The hedge fund manager Crispin Odey is seeking at least £79m in damages from the Financial Times after suing the publication for libel, documents filed at the high court show.
Odey began legal action against the FT in May over four articles published in 2023 which contained allegations that he had sexually assaulted or harassed multiple women.
Adam Speker KC, for Odey, said: “The articles complained of made allegations against the claimant of a gravely defamatory nature, including allegations of clearly criminal conduct.”.
