Man Group Found Liable by Judge for ‘Breathtaking’ Kuwaiti Bribery

Man Group Plc’s shares fell after a judge ruled it could have to pay around $155 million for its role in “corruption on a breathtaking scale” that siphoned $1 billion...

By Lucca de Paoli · Bloomberg Markets

Man Group Plc’s shares fell after a judge ruled it could have to pay around $155 million for its role in “corruption on a breathtaking scale” that siphoned $1 billion from a Kuwaiti state-run pension fund over decades.