Crispin Odey drops £79m libel claim against FT over sexual misconduct allegations

Former hedge fund manager ‘forced to accept’ newspaper likely to succeed in its public interest defence, say his lawyers

Crispin Odey, the former hedge fund manager, has dropped his £79m libel claim against the Financial Times over its reporting of sexual misconduct allegations against him, his lawyers have said.

In 2023, the FT published several articles from 20 women alleging sexual assault and harassment against Odey, covering a period of five decades. He has previously denied the allegations against him.